Jeremiah Bolich Ministries Inc

Analysis

Jeremiah Bolich Ministries Inc is a registered charity in United States, based in Watertown, TN. It received its IRS tax-exemption ruling in October 2008, 18 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, Jeremiah Bolich Ministries Inc reported income of $185k and spending of $136k, leaving 27% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $216k to $185k (-14%), an average of -7.4% a year. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jeremiah Bolich Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Letmeintroduceyou ($185k), Destiny Living Ministries a NJ Nonprofit Corporation ($185k) and Global Hope Ministries Inc ($185k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $31k (23% of expenses). At year end it held assets of $350k against liabilities of $3,106, net assets of $346k. It reported 1 employees.