Prepare the Way Ministry

Analysis

Prepare the Way Ministry is a registered charity in United States, based in Lees Summit, MO. It received its IRS tax-exemption ruling in December 2004, 22 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Prepare the Way Ministry reported income of $310k and spending of $316k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $239k to $310k (+30%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 19%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Prepare the Way Ministry sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include Flutemaker Ministries Inc ($310k), Ten Thousand Village Iowa City ($310k) and Aviv Ha Torah ($310k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $16k (5.2% of expenses). At year end it held assets of $5,258 against liabilities of $0, net assets of $5,258. It reported 2 employees.