Effective Ministries Inc

Analysis

Effective Ministries Inc is a registered charity in United States, based in Manakin Sabot, VA. It received its IRS tax-exemption ruling in August 2006, 20 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, Effective Ministries Inc reported income of $1.5m and spending of $1.6m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.5m (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Effective Ministries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within VA. Charities of a similar size with the same main cause include Camp Winnataska ($1.5m), Yam Hachesed Vhatorah ($1.5m) and Christian Fellowship Ministry Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $356k. At year end it held assets of $470k against liabilities of $0, net assets of $470k. It reported 11 employees.