Jackson Ac Qalicb Inc

Analysis

Jackson Ac Qalicb Inc is a registered charity in United States, based in Marianna, FL. It received its IRS tax-exemption ruling in July 2022, 4 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jackson Ac Qalicb Inc reported income of $136k and spending of $78k, leaving 43% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $21k to $136k (+536%), an average of +152% a year. The sharpest change came in the year to December 2022, when income rose by 358%. Over the whole period it spent 64% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jackson Ac Qalicb Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Boss Lady Economic Planning & Development Workforce ($136k), Project Hunger Inc ($136k) and National Assistance League ($136k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $4.3m against liabilities of $4.8m, net assets of -$530k.