Journey Community Schools Inc

Analysis

Journey Community Schools Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 2020, 6 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Journey Community Schools Inc reported income of $19.5m and spending of $18.7m, spending 96% of its income. The sharpest change came in the year to June 2024, when income dropped by 35%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Journey Community Schools Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within TN. Charities of a similar size with the same main cause include Fit Kids Inc ($19.5m), Linsly School Incorporated ($19.5m) and American Association of Colleges of Nursing ($19.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $199k (1.1% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $22.8m against liabilities of $4.9m, net assets of $17.9m. It reported 176 employees.