Michael Ministries

Analysis

Michael Ministries is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in June 1996, 30 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, Michael Ministries reported income of $245k and spending of $114k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $175k to $245k (+40%), an average of +8.8% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 51% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Michael Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Swaminarayan Satsang Mandal of Atlanta ($245k), Living Loved Project ($245k) and Masters Workshop ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 52% of the total. At year end it held assets of $1.4m against liabilities of -$8,530, net assets of $1.4m.