Mt Juliet Help Center

Analysis

Mt Juliet Help Center is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in October 1985, 41 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, Mt Juliet Help Center reported income of $240k and spending of $246k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $252k to $240k (-4.7%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 131%. Over the whole period it spent 67% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Mt Juliet Help Center sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Thrive Economic Development Inc ($240k), Black Wall Street Avl ($240k) and Southside First Economic Development Council ($240k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $80k (32% of expenses). At year end it held assets of $674k against liabilities of -$837, net assets of $675k. It reported 2 employees.