Transportation Club of Jacksonville Inc

Analysis

Transportation Club of Jacksonville Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in July 2023, 3 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic 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 2023, Transportation Club of Jacksonville Inc reported income of $53k and spending of $53k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $12k to $53k (+331%), an average of +34% a year. The sharpest change came in the year to December 2021, when income rose by 232%. Over the whole period it spent 92% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Transportation Club of Jacksonville Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 24th percentile within FL. Charities of a similar size with the same main cause include Lenoir County Development Alliance Inc ($53k), Midwest Association of Prelaw Advisors Inc ($53k) and Wit Whatever It Takes Coalition ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 31% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.