Mary James Ministries Inc

Analysis

Mary James Ministries Inc is a registered charity in United States, based in Temecula, CA. 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, Mary James Ministries Inc reported income of $138k and spending of $179k, spending 129% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $315k to $138k (-56%), an average of -34% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mary James Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 47th percentile within CA. Charities of a similar size with the same main cause include Ministerios Roca de Salvacion Inc ($138k), Missionary Way Inc ($138k) and Hi-Way Bi-Way Christian Crusade Inc ($138k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 47% of the total. Compensation of current officers, directors and key employees was $50k (28% of expenses). At year end it held assets of $250k against liabilities of $76k, net assets of $174k. It reported 1 employees.