Jumpstart Ministries Inc

Analysis

Jumpstart Ministries Inc is a registered charity in United States, based in Walnut Ridge, AR. It received its IRS tax-exemption ruling in June 2020, 6 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, Jumpstart Ministries Inc reported income of $975k and spending of $990k, spending 101% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $358k to $975k (+173%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 69%. 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, Jumpstart Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within AR. Charities of a similar size with the same main cause include David Institute of Shepherd ($975k), Teach My People ($976k) and Temple Israel Foundation ($974k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $94k (9.5% of expenses). Other salaries and wages came to $278k. At year end it held assets of $29k against liabilities of $0, net assets of $29k.