Jono Gates Ministries

Analysis

Jono Gates Ministries is a registered charity in United States, based in Eagan, MN. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending February 2024, Jono Gates Ministries reported income of $66k and spending of $78k, spending 119% of what it took in. Across the 2 years on record, from February 2023 to February 2024, income grew from $64k to $66k (+2.4%), an average of +2.4% a year. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jono Gates Ministries sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 22nd percentile within MN. Charities of a similar size with the same main cause include Vida Ministries Inc ($66k), Lamountain Ministries Inc ($66k) and Millien S Prayer Ministry Inc ($66k).

On its Form 990-EZ for the period ending February 2024, revenue came from contributions and grants 63% and program service revenue 37% of the total. At year end it held assets of $15k against liabilities of $827, net assets of $15k.