J316 Ministries

Analysis

J316 Ministries is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in March 2010, 16 years ago. 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, J316 Ministries reported income of $114k and spending of $133k, spending 117% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $192k to $114k (-41%), an average of -23% a year. The sharpest change came in the year to December 2022, when income dropped by 31%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J316 Ministries sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 44th percentile within FL. Charities of a similar size with the same main cause include Parent Booster USA Inc ($114k), Society of St Vincent de Paul Holy Family Conference ($114k) and White Wolf Wellness Foundation ($114k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 111% of the total. At year end it held assets of $128k against liabilities of $3,170, net assets of $125k.