Jesus on Colfax Ministries

Analysis

Jesus on Colfax Ministries is a registered charity in United States, based in Aurora, CO. It received its IRS tax-exemption ruling in May 2017, 9 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 June 2023, Jesus on Colfax Ministries reported income of $586k and spending of $576k, spending 98% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $309k to $586k (+89%), an average of +24% a year. The sharpest change came in the year to June 2022, when income rose by 136%. Over the whole period it spent 74% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jesus on Colfax Ministries sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 70th percentile within CO. Charities of a similar size with the same main cause include Northlake Hope Center ($586k), Association of Biblical Counselors ($586k) and Harvest Aviation Inc ($586k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $202k (35% of expenses). At year end it held assets of $2.6m against liabilities of $1.4m, net assets of $1.2m. It reported 4 employees.