Grace Jones Community Center Inc

Analysis

Grace Jones Community Center Inc is a registered charity in United States, based in Marathon, FL. It received its IRS tax-exemption ruling in May 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Grace Jones Community Center Inc reported income of $744k and spending of $840k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $514k to $744k (+45%), an average of +9.7% a year. The sharpest change came in the year to June 2022, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Grace Jones Community Center Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Phelps Connections for Seniors Inc ($744k), Shoreline Early Childhood Development Center Inc ($744k) and Interfaith Caregivers of Washington County Inc ($743k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 57% and program service revenue 41% of the total. Other salaries and wages came to $541k. It paid $100 in professional fundraising fees. At year end it held assets of $1.9m against liabilities of $542k, net assets of $1.4m. It reported 16 employees.