Joel Gregory Ministries

Analysis

Joel Gregory Ministries is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in May 2002, 24 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, Joel Gregory Ministries reported income of $363k and spending of $223k, leaving 39% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $417k to $363k (-13%), an average of -3.4% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joel Gregory Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Saint Michael Eritrean Orthodox Tewahedo Church in Santa Rosa ($363k), Islamic Society of Greater Philadelphia ($364k) and Quang Chieu Buddist Meditation Association ($363k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $33k (15% of expenses). Other salaries and wages came to $36k. At year end it held assets of $593k against liabilities of $152k, net assets of $441k. It reported 2 employees.