Jubilee Ministries

Analysis

Jubilee Ministries is a registered charity in United States, based in Lebanon, PA. It received its IRS tax-exemption ruling in June 1989, 37 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, Jubilee Ministries reported income of $9.7m and spending of $7.9m, spending 82% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.0m to $9.7m (+92%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jubilee Ministries sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 94th percentile within PA. Charities of a similar size with the same main cause include Cleveland Christian Home Inc ($9.6m), Dynamic Life Inc ($9.7m) and Western Diocese Endowment Fund Inc ($9.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $133k (1.7% of expenses). Other salaries and wages came to $4.8m. At year end it held assets of $15.2m against liabilities of $2.2m, net assets of $12.9m. It reported 275 employees.