Jay Eberly Ministries Inc

Analysis

Jay Eberly Ministries Inc is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in November 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, Jay Eberly Ministries Inc reported income of $174k and spending of $187k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $211k to $174k (-17%), an average of -6.2% a year. The sharpest change came in the year to December 2023, when income dropped by 30%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jay Eberly Ministries Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within IA. Charities of a similar size with the same main cause include Tasch Ministries International Inc ($174k), Alsajdah Academy ($174k) and Brethren Outreach ($174k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $139k (74% of expenses). At year end it held assets of $17k against liabilities of $847, net assets of $16k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.