Joel Holm Ministries

Analysis

Joel Holm Ministries is a registered charity in United States, based in Woodstock, IL. It received its IRS tax-exemption ruling in October 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending August 2024, Joel Holm Ministries reported income of $196k and spending of $148k, leaving 24% of income unspent that year. Across the 2 years on record, from August 2023 to August 2024, income grew from $184k to $196k (+6.1%), an average of +6.1% a year. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joel Holm Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 54th percentile within IL. Charities of a similar size with the same main cause include Leaders of Faith Foundation ($196k), Impact Center ($196k) and Ministerios Internacional Vision Misionera ($196k).

On its Form 990-EZ for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $401k against liabilities of $0, net assets of $401k.