JWB Ministries Inc

Analysis

JWB Ministries Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in March 1996, 30 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, JWB Ministries Inc reported income of $231k and spending of $242k, spending 105% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $237k to $231k (-2.7%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, JWB Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Movement International ($231k), Elmhurst Islamic Center Inc ($231k) and Association of Hill Country Churches ($230k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% of the total. Compensation of current officers, directors and key employees was $49k (20% of expenses). At year end it held assets of $536k against liabilities of $774k, net assets of -$238k.