Floyd Jones Evangelism and Teaching Ministries Inc

Analysis

Floyd Jones Evangelism and Teaching Ministries Inc is a registered charity in United States, based in The Woodlands, TX. It received its IRS tax-exemption ruling in August 1976, 50 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, Floyd Jones Evangelism and Teaching Ministries Inc reported income of $130k and spending of $139k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $224k to $130k (-42%), an average of -13% a year. The sharpest change came in the year to December 2021, when income dropped by 27%. Over the whole period it spent 124% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Floyd Jones Evangelism and Teaching Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Road Runners Club of America ($130k), Aquakids Inc ($130k) and Volunteers of America Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $100k against liabilities of $0, net assets of $100k.

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.