Jaquith Ministries International

Analysis

Jaquith Ministries International is a registered charity in United States, based in Bothell, WA. It received its IRS tax-exemption ruling in February 2013, 13 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, Jaquith Ministries International reported income of $247k and spending of $255k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $180k to $247k (+37%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 148%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jaquith Ministries International sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WA. Charities of a similar size with the same main cause include Sai Spiritual Foundation ($247k), American Friends of Sunderland Kollel Ltd ($247k) and Greater First Missionary Baptist Church ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (28% of expenses). Other salaries and wages came to $756. At year end it held assets of $36k against liabilities of $0, net assets of $36k. It reported 1 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.