Chris Jacobs Ministries

Analysis

Chris Jacobs Ministries is a registered charity in United States, based in North Canton, OH. It received its IRS tax-exemption ruling in May 2020, 6 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, Chris Jacobs Ministries reported income of $73k and spending of $87k, spending 119% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $116k to $73k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Chris Jacobs Ministries sits at the 32nd percentile: it is larger than about 32% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 29th percentile within OH. Charities of a similar size with the same main cause include Monte Anderson Global Mission Inc ($73k), Bright Sound Myung Sung Church ($73k) and United Campus Christian Fellowship West Michigan ($73k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $14 against liabilities of $0, net assets of $14.