Passes our checks

Jacobs Ladder Community Development Corporation

EIN 83-0391379 · Memphis, TN

Public records show a registered, tax-exempt organization in good standing.

What it says it does

WE HELP BUILD AND MAINTAIN STRONG SUSTAINABLE COMMUNITIES

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Weak: 25 out of 100. Higher than 15% of charities in its peer group (housing, under $250k).

Reserves
0 of 35
Spendable reserves are negative: it owes or has committed more than it holds.
Debt
10 of 20
It owes 41% of what it owns.
Living within its means
0 of 15
Spending exceeded income by 16% of income.
Income trend
0 of 15
Income fell 35% on the year before.
Spending floor
15 of 15
87% of spending went to programs and raising each dollar of donations cost 5 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Strong: 92 out of 100. Higher than 78% of charities in its peer group (housing, under $250k).

Independent board
18 of 25
4 of 4 voting board members are independent.
Conflict of interest policy
15 of 15
Has a written conflict of interest policy.
Whistleblower policy
8 of 8
Has a written whistleblower policy.
Record keeping policy
7 of 7
Has a written policy on keeping and destroying records.
Board minutes
5 of 5
Keeps minutes of board meetings.
Board sees the tax return
10 of 10
Gave the board a copy of this return before filing it.
Pay set independently
5 of 5
Sets its chief executive's pay through independent review and comparison.
No reported misuse
10 of 10
Reports 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

Describes programs. Its tax return describes what it does but we have found no measurable results in it.

Programs described in its return (3)

$1,654 spent. Our community outreach programs: Jacob's Ladder is a four faceted ministry. We operate a children's center, support seniors through healthy meals, rebuild affordable housing, and practice an aggressive anti-blight crime remediation program.
$23,154 spent. Our Community Education Programs: After school children's center provides a safe and fun sanctuary in a depressed and sometimes violent community. The center teaches music lessons, conducts summer camp, summer time lunches and work opportunities.
$122,530 spent. Our Real Estate Enhancement Programs: Our Housing Renovation Team is rebuilding Belt Line infrastructure (34+ to date since 2005). Volunteers, neighborhood residents and contractors comprise a team that promotes home ownership to qualified home buyers. Population affected: 2800. Our Real Estate Enhancement Team (neighborhood residents, volunteers and contractors) regularly maintain over 126 vacant lots, has demolished 60+ dilapidated structures. These efforts have reduced crime and improved the quality of life for the neighborhood.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since November 2004.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 October 7, 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.