My Journey

Analysis

My Journey is a registered charity in United States, based in Los Lunas, NM. It received its IRS tax-exemption ruling in April 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, My Journey reported income of $12.3m and spending of $12.2m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.1m to $12.3m (+298%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 62%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, My Journey sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within NM. Charities of a similar size with the same main cause include Coalition for Christian Outreach ($12.3m), Hospice of Southern West Virginia Inc ($12.3m) and Independence School Inc ($12.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.2m (10% of expenses). Other salaries and wages came to $373k. At year end it held assets of $2.1m against liabilities of $1.2m, net assets of $957k. It reported 3 employees.