Jellybean Island at Crossroads Benson Inc

Analysis

Jellybean Island at Crossroads Benson Inc is a registered charity in United States, based in Benson, NC. It received its IRS tax-exemption ruling in March 2022, 4 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, Jellybean Island at Crossroads Benson Inc reported income of $292k and spending of $351k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $245k to $292k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Jellybean Island at Crossroads Benson Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within NC. Charities of a similar size with the same main cause include Copper Nail ($292k), Believe Family Foundation Inc ($292k) and Metro Community Outreach ($292k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $264k. At year end it held assets of $61k against liabilities of $0, net assets of $61k. It reported 24 employees.