Jabula New Life Ministries Inc

Analysis

Jabula New Life Ministries Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in June 1999, 27 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, Jabula New Life Ministries Inc reported income of $441k and spending of $372k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $627k to $441k (-30%), an average of -8.4% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jabula New Life Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Barnabas Ministries ($441k), Akron Ashtabula Cleve Baptist Assn Camp Koinonia ($442k) and Masjid Nasrullah Inc ($441k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Other salaries and wages came to $18k. At year end it held assets of $600k against liabilities of $0, net assets of $600k. It reported 1 employees.