Jesus for Asia Inc
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
Where the income comes from
- Contributions & grants 100%
- Program services 0.2%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Derek Prince Ministries | Charlotte | $4.6m |
| United Religions | San Francisco | $4.6m |
| Youngstown Area Jewish Foundation | Youngstown | $4.6m |
| Jefferson Street Baptist Center Inc | Louisville | $4.6m |