Companions on the Journey

Analysis

Companions on the Journey is a registered charity in United States, based in Redwood City, CA. It received its IRS tax-exemption ruling in May 1998, 28 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, Companions on the Journey reported income of $59k and spending of $70k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $45k to $59k (+29%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 143% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Companions on the Journey sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include Just As I Am Ministries ($59k), New Creations Outreach Ministries Inc ($59k) and Caribbean Partnership Mission ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 94% of the total. At year end it held assets of $80k against liabilities of $0, net assets of $80k.