Jaroy Carpenter Ministries

Analysis

Jaroy Carpenter Ministries is a registered charity in United States, based in Coppell, TX. It received its IRS tax-exemption ruling in October 2001, 25 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, Jaroy Carpenter Ministries reported income of $130k and spending of $146k, spending 112% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $178k to $130k (-27%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 51%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jaroy Carpenter Ministries 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 Winterhurst Hockey Association Inc ($130k), American Pyrotechnics Safety and Education Foundation Inc ($130k) and PTA California Congress of Parents Teachers & Students Inc ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.0% and program service revenue 99% of the total. At year end it held assets of $10k against liabilities of $0, net assets of $10k.