Jim Wideman Ministries Inc

Analysis

Jim Wideman Ministries Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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 2022, Jim Wideman Ministries Inc reported income of $52k and spending of $49k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $78k to $52k (-34%), an average of -13% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Jim Wideman Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 19th percentile within TN. Charities of a similar size with the same main cause include Century High School C-Club ($52k), PTA Texas Congress ($52k) and Parent Booster USA Inc ($52k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 35% and program service revenue 65% of the total. At year end it held assets of $5,098 against liabilities of $16k, net assets of -$11k.