Jay Lowder Harvest Ministries Inc

Analysis

Jay Lowder Harvest Ministries Inc is a registered charity in United States, based in Wichita Falls, TX. It received its IRS tax-exemption ruling in January 2001, 25 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 Lowder Harvest Ministries Inc reported income of $765k and spending of $669k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $390k to $765k (+96%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 56%. 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, Jay Lowder Harvest Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within TX. Charities of a similar size with the same main cause include Saint Mary and Archangel Raphael Coptic Orthodox Church ($765k), Word of Life ($765k) and Midland Chin Immanuel Church ($764k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 8.9% of the total. Compensation of current officers, directors and key employees was $144k (22% of expenses). Other salaries and wages came to $89k. At year end it held assets of $1.1m against liabilities of $12k, net assets of $1.1m. It reported 4 employees.