Consumed Ministries

Analysis

Consumed Ministries is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in June 2004, 22 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 2023, Consumed Ministries reported income of $422k and spending of $391k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $312k to $422k (+35%), an average of +35% a year. The sharpest change came in the year to December 2023, when income rose by 35%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Consumed Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within MN. Charities of a similar size with the same main cause include Berean Assembly Ministries Inc ($422k), Lifetouch Ministries Inc ($422k) and Mina Ministries Inc ($422k).

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 $66k (17% of expenses). Other salaries and wages came to $222k. At year end it held assets of $146k against liabilities of $0, net assets of $146k. It reported 55 employees.