J127 Ministry Inc

Analysis

J127 Ministry Inc is a registered charity in United States, based in Durant, OK. It received its IRS tax-exemption ruling in July 2017, 9 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, J127 Ministry Inc reported income of $294k and spending of $274k, spending 93% of its income. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, J127 Ministry Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Ochs Center for Metropolitan Studies ($294k), Thrift Shop of Fruita Inc ($294k) and Countryside Broadcasting Inc ($294k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $39k (14% of expenses). Other salaries and wages came to $84k. At year end it held assets of $972k against liabilities of $14k, net assets of $958k. It reported 9 employees.