Airwaves for Jesus Inc

Analysis

Airwaves for Jesus Inc is a registered charity in United States, based in Ft Myers, FL. 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 December 2023, Airwaves for Jesus Inc reported income of $220k and spending of $295k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $269k to $220k (-18%), an average of -4.9% a year. The sharpest change came in the year to December 2022, when income dropped by 17%. Over the whole period it spent 115% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Airwaves for Jesus Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 59th percentile within FL. Charities of a similar size with the same main cause include Mt28 Inc ($220k), Nocona Ministries ($220k) and Tandem Paryers Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 54% of the total. Compensation of current officers, directors and key employees was $45k (15% of expenses). Other salaries and wages came to $58k. At year end it held assets of $308k against liabilities of $403k, net assets of -$95k. It reported 6 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.