Jubilee Centre USA

Analysis

Jubilee Centre USA is a registered charity in United States, based in Thomaston, GA. It received its IRS tax-exemption ruling in March 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jubilee Centre USA reported income of $57k and spending of $52k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $49k to $57k (+16%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 158% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jubilee Centre USA sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within GA. Charities of a similar size with the same main cause include Battelle Energy Alliance LLC Bea Etc ($57k), Dimatteo Family Charitable Foundation Inc ($57k) and Legacy Cellar Foundation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $90k against liabilities of $0, net assets of $90k.