Tom Jacob World Evangelism

Analysis

Tom Jacob World Evangelism is a registered charity in United States, based in Sunnyvale, TX. It received its IRS tax-exemption ruling in February 1990, 36 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, Tom Jacob World Evangelism reported income of $53k and spending of $71k, spending 134% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $53k (+13%), an average of +13% a year. Over the whole period it spent 120% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Tom Jacob World Evangelism sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include First United Methodist Church Foundation of Noblesville Inc ($53k), Friends of the West Tisbury Library Inc ($53k) and Parent Booster USA Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $102k against liabilities of $71k, net assets of $31k.