Jackson Madison County African American Chamber of Commerce

Analysis

Jackson Madison County African American Chamber of Commerce is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in March 2001, 25 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jackson Madison County African American Chamber of Commerce reported income of $62k and spending of $39k, leaving 37% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $62k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 60% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jackson Madison County African American Chamber of Commerce sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 23rd percentile within TN. Charities of a similar size with the same main cause include Resist Density Org ($62k), Operation Service Inc ($62k) and Minneapolis Womens Rotary ($62k).

At year end it held assets of $66k against liabilities of $0, net assets of $66k.