E3 Partners Ministry

Analysis

E3 Partners Ministry is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in December 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, E3 Partners Ministry reported income of $18.8m and spending of $18.8m, spending 100% of its income. Across the 4 years on record, from March 2020 to March 2023, income grew from $12.3m to $18.8m (+52%), an average of +15% a year. The sharpest change came in the year to March 2022, when income rose by 33%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, E3 Partners Ministry sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Glide Foundation ($18.8m), Moishe House ($18.8m) and Investment & Research in Education Inc ($18.7m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 103% and program service revenue 0.0% of the total. Compensation of current officers, directors and key employees was $277k (1.5% of expenses). Other salaries and wages came to $7.0m. It paid $200k in professional fundraising fees. At year end it held assets of $6.3m against liabilities of $836k, net assets of $5.5m. It reported 158 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.