Uncle Jerrys Farms Inc

Analysis

Uncle Jerrys Farms Inc is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in July 2018, 8 years ago. Its declared purposes cover employment, which this site groups under community and economic development. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Uncle Jerrys Farms Inc reported income of $650k and spending of $455k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $247k to $650k (+163%), an average of +62% a year. The sharpest change came in the year to December 2023, when income rose by 483%. Over the whole period it spent 80% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Uncle Jerrys Farms Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 75th percentile within MS. Charities of a similar size with the same main cause include Pittsburgh Hispanic Development Corporation ($650k), Dudley Womans Club ($651k) and Pathway to Work ($649k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $80k (18% of expenses). Other salaries and wages came to $14k. At year end it held assets of $428k against liabilities of $96k, net assets of $332k. It reported 3 employees.