Larry Sharley Institute of Evangelism Inc

Analysis

Larry Sharley Institute of Evangelism Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in February 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Larry Sharley Institute of Evangelism Inc reported income of $295k and spending of $182k, leaving 38% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $220k to $295k (+34%), an average of +7.7% a year. The sharpest change came in the year to December 2021, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Larry Sharley Institute of Evangelism Inc sits at the 61st percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 61st percentile within MD. Charities of a similar size with the same main cause include Wildflower Foundation ($295k), Southside PTO ($295k) and Asheville Farmstead School Inc ($295k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.5% of the total. At year end it held assets of $152k against liabilities of $3,103, net assets of $149k.