Pearl Street a M E Community Development Corporation Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE MISSION IS TO IMPROVE THE QUALITY OF LIFE FOR THE ECONOMICALLY DEPRIVED METRO JACKSON COMMUNITY, PROVIDE EDUCATIONAL OPPORTUNITIES, AND ADVANCE ECONOMIC DEVELOPMENT BY MEETING THE SOCIAL NEEDS OF DISADVANTAGED FAMILIES, YOUTH, AND SENIOR CITIZENS.
- Income
- $157,444
- Spending
- $167,175
- Spent on programs
- 91%
- Reserves
- 11.3 months of spending
- Largest source of income
- donations and private grants, 36%
- Employees
- 1
- Volunteers
- 50
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 77 out of 100. Higher than 57% of charities in its peer group (human services, under $250k).
Reserves
28 of 35Spendable reserves would cover 11.3 months of spending.
Debt
20 of 20It owes 0% of what it owns.
Living within its means
4 of 15Spending exceeded income by 6% of income.
Income trend
10 of 15Income fell 10% on the year before.
Spending floor
15 of 1591% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Weak: 38 out of 100. Higher than 15% of charities in its peer group (human services, under $250k).
Independent board
5 of 250 of 9 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (7)
- $56,336 spent. THE SUMMER FEEDING PROGRAM REDUCES HUNGER AND PROVIDES A NUTRITIOUS BREAKFAST AND HOT LUNCHES TO CHILDREN DURING THE SUMMER MONTH WHILE SCHOOL IS OUT. THE PEARL STREET CDC SUMMER FEEDING PROVIDED MORE THAN 7000 HOT MEALS DURING THE SUMMER OF 2025.
- $46,473 spent. AFTERSCHOOL TUTORIAL THE PURPOSE OF THE AFTERSCHOOL PROGRAM IS TO POSITIVELY IMPACT THE LIVES OF HIGH POVERTY-LOW PERFORMING SCHOOLS IN THE JACKSON AREA. THE PROGRAM IS ALSO DESIGNED TO INCREASE ACADEMIC PERFORMANCE OF EACH STUDENT.
- $24,998 spent. THE FOOD PANTRY PROGRAM MEETS THE IMMEDIATE AND TEMPORARY NEEDS OF FAMILIES WHO NEED ASSISTANCE WITH FOOD. THE PANTRY PARTNERS AS A MEMBER WITH MISSISSIPPIS ONLY FOOD BANK, MISSISSIPPI FOOD NETWORK TO DISTRIBUTE FOOD FOR FAMILIES IN NEED. THE FOOD PANTRY SERVES AN AVERAGE OF 300 FAMILIES A MONTH.
- $13,453 spent. THE EARLY MEMORY LOSS PROGRAM OFFERS ASSESSMENT, SUPPORT, INFORMATION, AND ADVICE TO THOSE WITH MEMORY PROBLEMS AND THEIR CAREGIVERS. THE PROGRAM HELPS INDIVIDUALS MAINTAIN A SOCIAL AND ACTIVE LIFESTYLE. THE PROGRAM CONTINUE TO OFFER VIRTUAL SUPPORT DURING THE PANDEMIC IN 2023.
- $9,317 spent. THE HOUSING PROGRAM MAINTAINED A PROPERTY ON HARIOTTE AVE.
- $1,586 spent. SPECIAL FUND. BLOOD PRESSURE CHECKS, HEALTH FAIR, BLOOD PRESSURE HOME MONITOR PROGRAM, CHRONIC DISEASE HOME MONITOR PROGRAM.
- $120 spent. CROP IS A COMMUNITY BASED PROGRAM, WHICH IS A PARTNERSHIP BETWEEN THE MISSISSIPPI PUBLIC INSTITUTE, HINDS BEHAVORIAL HEALTH SERVICES AND THE DEPARTMENT OF MENTAL HEALTH TO PROMOTE RECOVERY FOR INDIVIDUALS LIVING WITH SUBSTANCE USE DISORDERS AND/OR MENTAL HEALTH CONCERNS.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated November 6, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2002.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated November 4, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.