Jacksonville Towers Inc

Analysis

Jacksonville Towers Inc is a registered charity in United States, based in Jacksonville, AR. It received its IRS tax-exemption ruling in August 2002, 24 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 March 2024, Jacksonville Towers Inc reported income of $1.2m and spending of $1.3m, spending 106% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $1.1m to $1.2m (+11%), an average of +2.1% a year. Over the whole period it spent 102% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Jacksonville Towers Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within AR. Charities of a similar size with the same main cause include Napa Housing Foundation ($1.2m), Sojourner Truth Housing Inc ($1.2m) and Inland Equity Community Land Trust ($1.2m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $208k. At year end it held assets of $2.7m against liabilities of $3.5m, net assets of -$815k. It reported 9 employees.