Journey Ministries

Analysis

Journey Ministries is a registered charity in United States, based in Davison, MI. It received its IRS tax-exemption ruling in June 2006, 20 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending October 2023, Journey Ministries reported income of $347k and spending of $337k, spending 97% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $324k to $347k (+7.0%), an average of +1.7% a year. The sharpest change came in the year to October 2022, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Journey Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 64th percentile within MI. Charities of a similar size with the same main cause include Living New Ministries International Inc ($347k), Serving Alongside Ministry ($347k) and Craig Nedrow Ministries ($347k).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $67k (20% of expenses). At year end it held assets of $1.3m against liabilities of $458k, net assets of $794k. It reported 8 employees.