Jude 3 Project Inc
Analysis
Jude 3 Project Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in September 2016, 10 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, Jude 3 Project Inc reported income of $411k and spending of $347k, spending 84% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $322k to $411k (+28%), an average of +13% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Jude 3 Project Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within FL. Charities of a similar size with the same main cause include New Creation Life Ministries Inc ($411k), The Guru Gobind Singh Foundation ($411k) and Shared Blessings Inc ($411k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $53k (15% of expenses). At year end it held assets of $80k against liabilities of $26k, net assets of $54k.
Income and spending
Where the income comes from
- Contributions & grants 86%
- Program services 9.9%
- Other 3.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Creation Life Ministries Inc | Lake Forest | $411k |
| The Guru Gobind Singh Foundation | Rockville | $411k |
| Shared Blessings Inc | Vancouver | $411k |
| Mosaic House Ministries | North Chicago | $411k |