Victor B Jenkins Jr Memorial Athletic Club

Analysis

Victor B Jenkins Jr Memorial Athletic Club is a registered charity in United States, based in Savannah, GA. It received its IRS tax-exemption ruling in November 1944, 82 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Victor B Jenkins Jr Memorial Athletic Club reported income of $416k and spending of $364k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $439k to $416k (-5.3%), an average of -1.8% a year. The sharpest change came in the year to December 2020, when income dropped by 20%. Over the whole period it spent 81% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Victor B Jenkins Jr Memorial Athletic Club sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Trudys Kids Cafe ($416k), Camp Live Oak Inc ($416k) and Turn Back Time ($415k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 44% and program service revenue 42% of the total. Compensation of current officers, directors and key employees was $70k (19% of expenses). Other salaries and wages came to $56k. At year end it held assets of $1.6m against liabilities of $80k, net assets of $1.5m. It reported 16 employees.