Jacob Generation Ministries

Analysis

Jacob Generation Ministries is a registered charity in United States, based in Maryville, TN. It received its IRS tax-exemption ruling in January 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Jacob Generation Ministries reported income of $267k and spending of $255k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $157k to $267k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jacob Generation Ministries sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within TN. Charities of a similar size with the same main cause include Midwest Evangelistic Association ($267k), Inside Chassidus Inc ($267k) and Legacy Church Inc ($267k).

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 $178k (70% of expenses). At year end it held assets of $12k against liabilities of $0, net assets of $12k. It reported 3 employees.