Eddie James Ministries Inc
Analysis
Eddie James Ministries Inc is a registered charity in United States, based in Ocoee, TN. It received its IRS tax-exemption ruling in March 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 December 2023, Eddie James Ministries Inc reported income of $1.2m and spending of $1.1m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.2m (-12%), an average of -3.2% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Eddie James Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within TN. Charities of a similar size with the same main cause include Maryland Bible College & Seminary Inc ($1.2m), American Friends of Aram Soba ($1.2m) and Destined for Victory Ministries Bay Area Inc ($1.2m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 0.4% of the total. Compensation of current officers, directors and key employees was $2,358 (0.2% of expenses). Other salaries and wages came to $77k. At year end it held assets of $432k against liabilities of $34k, net assets of $398k. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 0.4%
- Other 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Maryland Bible College & Seminary Inc | Baltimore | $1.2m |
| American Friends of Aram Soba | Brooklyn | $1.2m |
| Destined for Victory Ministries Bay Area Inc | Hayward | $1.2m |
| Ambassadors for Christ International-Usa Inc | Roswell | $1.2m |