Jubilee Economics Ministries

Analysis

Jubilee Economics Ministries is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in August 1999, 27 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, Jubilee Economics Ministries reported income of $74k and spending of $80k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $74k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 110% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Jubilee Economics Ministries sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Victory Harvest Ministries of Savannah Inc ($74k), Alaska Yanna Vararam ($74k) and Christian Foundation Liberia ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% and program service revenue 5.7% of the total. At year end it held assets of $13k against liabilities of $0, net assets of $13k.