Widows Jar Ministries Inc

Analysis

Widows Jar Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2006, 20 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Widows Jar Ministries Inc reported income of $88k and spending of $108k, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $88k (+39%), an average of +8.5% a year. The sharpest change came in the year to December 2020, when income rose by 28%. Over the whole period it spent 131% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Widows Jar Ministries Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include YMCA Et Al Trust U/W Frank P Philips ($88k), Coupeville Lions Foundation ($88k) and United Fund of Ashley County ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% of the total. At year end it held assets of $1.3m against liabilities of $1,865, net assets of $1.2m.

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.