JDS Center of Hope Inc

Analysis

JDS Center of Hope Inc is a registered charity in United States, based in Lufkin, TX. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, JDS Center of Hope Inc reported income of $423k and spending of $479k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $235k to $423k (+80%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, JDS Center of Hope Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Nile Swim Club of Yeadon ($423k), Town of Lewisboro Soccer Club Inc ($423k) and Wheelchair Sports Federation Inc ($423k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Other salaries and wages came to $185k. At year end it held assets of $336k against liabilities of $19k, net assets of $317k. It reported 14 employees.