Life Resource Services of Jackson County

Analysis

Life Resource Services of Jackson County is a registered charity in United States, based in Scottsboro, AL. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Life Resource Services of Jackson County reported income of $63k and spending of $69k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $131k to $63k (-52%), an average of -52% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Life Resource Services of Jackson County sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 23rd percentile within AL. Charities of a similar size with the same main cause include Casa Mami MX ($63k), Moving Forward Payee Services Corp ($63k) and AIDS Housing Authority ($63k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $25k (37% of expenses). At year end it held assets of $106k against liabilities of $82k, net assets of $24k.