Americare Ministry Partners Inc

Analysis

Americare Ministry Partners Inc is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in April 2008, 18 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Americare Ministry Partners Inc reported income of $263k and spending of $151k, leaving 42% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $221k to $263k (+19%), an average of +5.9% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 64% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Americare Ministry Partners Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include New Ability Health Center Incorporated ($263k), Sar Shalom Israel ($263k) and Paradise Community House Inc ($262k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $12k (7.9% of expenses). Other salaries and wages came to $42k. At year end it held assets of $768k against liabilities of $555k, net assets of $213k.