James Payne Ministries

Analysis

James Payne Ministries is a registered charity in United States, based in Mount Juliet, TN. It received its IRS tax-exemption ruling in July 1983, 43 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 December 2023, James Payne Ministries reported income of $440k and spending of $220k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $440k (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, James Payne Ministries sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within TN. Charities of a similar size with the same main cause include Association of Southeastern Biologists ($440k), Anublue Inc ($440k) and Mp-Nn Mental Health and Mental ($440k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $73k (33% of expenses). At year end it held assets of $2.7m against liabilities of $61k, net assets of $2.7m. It reported 1 employees.