Jubilee Park & Community Center Corporation

Analysis

Jubilee Park & Community Center Corporation is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Jubilee Park & Community Center Corporation reported income of $7.2m and spending of $4.2m, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.5m to $7.2m (+104%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 161%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jubilee Park & Community Center Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Greater Sacramento Urban League ($7.2m), Regional YMCA of Western Connecticut Inc ($7.2m) and The Network Advocating Against Domestic Violence ($7.2m).

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 $264k (6.3% of expenses). Other salaries and wages came to $1.5m. It paid $48k in professional fundraising fees. At year end it held assets of $23.4m against liabilities of $220k, net assets of $23.2m. It reported 48 employees.