Eagles Nest Ministries of Conroe

Analysis

Eagles Nest Ministries of Conroe is a registered charity in United States, based in Conroe, TX. It received its IRS tax-exemption ruling in April 2008, 18 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 2022, Eagles Nest Ministries of Conroe reported income of $104k and spending of $172k, spending 165% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $411k to $104k (-75%), an average of -37% a year. The sharpest change came in the year to December 2020, when income dropped by 70%. 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, Eagles Nest Ministries of Conroe sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 41st percentile within TX. Charities of a similar size with the same main cause include Freedom Fellowship of Pittsburgh ($104k), Connect 3 Ministries ($104k) and Hamativ Inc ($104k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 61% and program service revenue 19% of the total. At year end it held assets of $688k against liabilities of $639k, net assets of $49k.

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.