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Jesus for Asia Inc

RegisteredEIN 20-2655876Ooltewah, TNReligion
Income$4.6m2023-12
Spending$4.4msame year
Spent / received91%5-year average
Size in its cause98th pctReligion
Exempt since2006Publicly supported organisat
Employees19latest return

Analysis

Jesus for Asia Inc is a registered charity in United States, based in Ooltewah, TN. It received its IRS tax-exemption ruling in April 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Jesus for Asia Inc reported income of $4.6m and spending of $4.4m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $4.6m (+90%), an average of +17% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jesus for Asia Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within TN. Charities of a similar size with the same main cause include Derek Prince Ministries ($4.6m), United Religions ($4.6m) and Youngstown Area Jewish Foundation ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $46k (1.0% of expenses). Other salaries and wages came to $160k. At year end it held assets of $4.4m against liabilities of $2.2m, net assets of $2.1m. It reported 19 employees.

Income and spending

$0$1.2m$2.3m$3.5m$4.6m2019 Income: $2,448,6632019 Spending: $2,056,37620192020 Income: $3,369,8332020 Spending: $3,005,44020202021 Income: $4,408,0932021 Spending: $3,717,15420212022 Income: $3,973,3412022 Spending: $3,995,60620222023 Income: $4,642,6502023 Spending: $4,427,3962023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Program services 0.2%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Derek Prince MinistriesCharlotte$4.6m
United ReligionsSan Francisco$4.6m
Youngstown Area Jewish FoundationYoungstown$4.6m
Jefferson Street Baptist Center IncLouisville$4.6m