Embracing the Journey Inc
Analysis
Embracing the Journey Inc is a registered charity in United States, based in Duluth, GA. It received its IRS tax-exemption ruling in September 2015, 11 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, Embracing the Journey Inc reported income of $419k and spending of $327k, leaving 22% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $253k to $419k (+66%), an average of +29% a year. The sharpest change came in the year to December 2023, when income rose by 126%. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Embracing the Journey Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within GA. Charities of a similar size with the same main cause include Acts 238 Ministries ($419k), Endurance Leadership Inc ($419k) and Equip Ministries International ($419k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $127k (39% of expenses). Other salaries and wages came to $20k. At year end it held assets of $212k against liabilities of $6,323, net assets of $206k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 63%
- Program services 37%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Acts 238 Ministries | Sand Springs | $419k |
| Endurance Leadership Inc | Englewood | $419k |
| Equip Ministries International | Green | $419k |
| Life in the Trinity Ministry | Dallas | $419k |