Journey Quest
Analysis
Journey Quest is a registered charity in United States, based in Canon City, CO. It received its IRS tax-exemption ruling in May 2014, 12 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 2022, Journey Quest reported income of $455k and spending of $502k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $357k to $455k (+27%), an average of +8.4% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Journey Quest 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 66th percentile within CO. Charities of a similar size with the same main cause include Madani Memorial Inc ($455k), Childrens Bible Ministries Inc Va ($455k) and Life Giving Resources Inc ($455k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 21% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $98k (19% of expenses). Other salaries and wages came to $119k. At year end it held assets of $196k against liabilities of $0, net assets of $196k. It reported 26 employees.
Income and spending
Where the income comes from
- Contributions & grants 21%
- Program services 79%
- Other 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Madani Memorial Inc | Ann Arbor | $455k |
| Childrens Bible Ministries Inc Va | Stevensburg | $455k |
| Life Giving Resources Inc | Hemet | $455k |
| Planted Ministries | Reedley | $455k |