The Journey Project
Analysis
The Journey Project is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in August 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 2023, The Journey Project reported income of $369k and spending of $390k, spending 106% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $230k to $369k (+60%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 37%. 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, The Journey Project sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Cross Ministry Group ($369k), Luminaries of Holy Mary ($369k) and Messianic Ministry to Israel ($369k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $56k (14% of expenses). At year end it held assets of $98k against liabilities of $33k, net assets of $65k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 3.0%
- Program services 85%
- Other 12%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cross Ministry Group | Broomfield | $369k |
| Luminaries of Holy Mary | Clifton | $369k |
| Messianic Ministry to Israel | Chattanooga | $369k |
| Training Centers for Churchplanters | Duncanville | $369k |