Jacksonville Care Channel for the Needy Inc

Analysis

Jacksonville Care Channel for the Needy Inc is a registered charity in United States, based in Jacksonville, AR. It received its IRS tax-exemption ruling in April 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jacksonville Care Channel for the Needy Inc reported income of $118k and spending of $55k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $69k to $118k (+72%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 68% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jacksonville Care Channel for the Needy Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within AR. Charities of a similar size with the same main cause include Zonta Club of Newport Harbor Foundation ($118k), The Jennifer Bush-Lawson Foundation ($118k) and Mediapolis Education Foundation ($118k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $427k against liabilities of $0, net assets of $427k.