Mount Jubilee Ministriesincorporated

Analysis

Mount Jubilee Ministriesincorporated is a registered charity in United States, based in Reidsville, NC. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Mount Jubilee Ministriesincorporated reported income of $784k and spending of $705k, spending 90% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $314k to $784k (+149%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 80%. Over the whole period it spent 87% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Mount Jubilee Ministriesincorporated sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within NC. Charities of a similar size with the same main cause include Celebrate Fairfax Inc ($784k), Bowhunting Preservation Alliance Inc ($784k) and Keystone Athletic ($782k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $79k (11% of expenses). Other salaries and wages came to $362k. At year end it held assets of $397k against liabilities of $338, net assets of $396k. It reported 28 employees.