Jerry Spencer Ministries Inc

Analysis

Jerry Spencer Ministries Inc is a registered charity in United States, based in Savannah, TN. It received its IRS tax-exemption ruling in January 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Jerry Spencer Ministries Inc reported income of $279k and spending of $261k, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $202k to $279k (+38%), an average of +8.4% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jerry Spencer Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within TN. Charities of a similar size with the same main cause include African Christians Fellowship International Inc ($279k), Christians in Alliance Inc ($279k) and Laymans Retreat at Round Top ($279k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $76k (29% of expenses). At year end it held assets of $51k against liabilities of $1,400, net assets of $50k. It reported 1 employees.