Proskuneo Ministries Inc

Analysis

Proskuneo Ministries Inc is a registered charity in United States, based in Clarkston, GA. It received its IRS tax-exemption ruling in August 2003, 23 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 December 2023, Proskuneo Ministries Inc reported income of $310k and spending of $294k, spending 95% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $297k to $310k (+4.5%), an average of +0.9% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Proskuneo Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 66th percentile within GA. Charities of a similar size with the same main cause include Guru Maneyo Granth Inc ($310k), Orthodox Ecumenical Church Inc ($310k) and Rainbow Ministries-Tu Projimo Inc ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $94k (32% of expenses). Other salaries and wages came to $113k. At year end it held assets of $284k against liabilities of $6,273, net assets of $277k. It reported 7 employees.