Jericho Ministries Inc

Analysis

Jericho Ministries Inc is a registered charity in United States, based in Sheboygan, WI. It received its IRS tax-exemption ruling in July 2004, 22 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, Jericho Ministries Inc reported income of $459k and spending of $526k, spending 115% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $293k to $459k (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 84%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jericho Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within WI. Charities of a similar size with the same main cause include Dayton Mercy Society ($459k), God Movement Inc ($459k) and Shepherds Heart Ministry ($459k).

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 $24k (4.6% of expenses). At year end it held assets of $38k against liabilities of $5,048, net assets of $33k. It reported 1 employees.