Joshuas Promise Ministries Inc

Analysis

Joshuas Promise Ministries Inc is a registered charity in United States, based in Indiantown, FL. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover crime and legal-related, which this site groups under human rights and equality. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Joshuas Promise Ministries Inc reported income of $172k and spending of $134k, leaving 22% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $181k to $172k (-5.0%), an average of -1.3% a year. The sharpest change came in the year to December 2020, when income rose by 82%. Over the whole period it spent 82% of the income it received.

Among 9,611 United States charities whose main cause is human rights and equality and that reported income, Joshuas Promise Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 54th percentile within FL. Charities of a similar size with the same main cause include City of Lynchburg Police Foundation Inc ($172k), Community Mediation Upper Shore Inc ($172k) and Monmouth County Police Chiefs Association ($172k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 20% of the total. Compensation of current officers, directors and key employees was $37k (28% of expenses). Other salaries and wages came to $8,100. At year end it held assets of $497k against liabilities of $212k, net assets of $286k. It reported 2 employees.