Jericho Road Ministries Inc

Analysis

Jericho Road Ministries Inc is a registered charity in United States, based in Brooksville, FL. It received its IRS tax-exemption ruling in June 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Jericho Road Ministries Inc reported income of $3.1m and spending of $2.8m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.5m to $3.1m (+103%), an average of +19% a year. The sharpest change came in the year to December 2022, when income rose by 28%. Over the whole period it spent 92% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Jericho Road Ministries Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within FL. Charities of a similar size with the same main cause include Childlife Foundation America Inc ($3.1m), Capstone Legacy Foundation Inc ($3.1m) and United Way of Greater St Joseph Inc ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $1.3m (47% of expenses). At year end it held assets of $3.4m against liabilities of $1.7m, net assets of $1.7m. It reported 73 employees.