Jackson Metro Sponsoring Committee

Analysis

Jackson Metro Sponsoring Committee is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in October 2011, 15 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 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, Jackson Metro Sponsoring Committee reported income of $208k and spending of $402k, spending 193% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $197k to $208k (+5.8%), an average of +1.4% a year. The sharpest change came in the year to December 2020, when income rose by 129%. Over the whole period it spent 114% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Jackson Metro Sponsoring Committee sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within MS. Charities of a similar size with the same main cause include Crow Wing County Victim Services Inc ($208k), Rich-Restoring Inner City Hope Inc ($208k) and Association of California Goodwills ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $100k (25% of expenses). Other salaries and wages came to $106k. At year end it held assets of $68k against liabilities of $49k, net assets of $19k. It reported 3 employees.