Joseph Kalema Ministries Inc

Analysis

Joseph Kalema Ministries Inc is a registered charity in United States, based in New Fairfield, CT. It received its IRS tax-exemption ruling in April 2005, 21 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, Joseph Kalema Ministries Inc reported income of $105k and spending of $108k, spending 103% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $148k to $105k (-29%), an average of -11% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Joseph Kalema Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 36th percentile within CT. Charities of a similar size with the same main cause include Outdoor Truths Inc ($105k), Magen Giborrim Inc ($105k) and American Friends of Birkat Kohanim ($105k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 24% of the total. At year end it held assets of $2,561 against liabilities of $0, net assets of $2,561.

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.