The Jeremiah Project Inc

Analysis

The Jeremiah Project Inc is a registered charity in United States, based in Williamsburg, VA. It received its IRS tax-exemption ruling in September 1987, 39 years ago. 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 September 2023, The Jeremiah Project Inc reported income of $282k and spending of $308k, spending 109% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $362k to $282k (-22%), an average of -6.0% a year. The sharpest change came in the year to September 2022, when income rose by 133%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Jeremiah Project Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within VA. Charities of a similar size with the same main cause include Wisconsin Law Foundation Inc ($282k), Goodwill Industries Foundation of Greater Nebraska Inc ($282k) and Mondak Historical & Art Society ($282k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 47% and program service revenue 53% of the total. Other salaries and wages came to $88k. At year end it held assets of $121k against liabilities of $1,794, net assets of $119k. It reported 2 employees.