VN Fullwood Ministries Inc

Analysis

VN Fullwood Ministries Inc is a registered charity in United States, based in Clinton, NC. 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 (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, VN Fullwood Ministries Inc reported income of $76k and spending of $91k, spending 119% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $449k to $76k (-83%), an average of -59% a year. The sharpest change came in the year to December 2022, when income dropped by 70%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, VN Fullwood Ministries Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within NC. Charities of a similar size with the same main cause include Serve and Equip ($76k), Spirit of Christ Coalition International Inc ($76k) and Red Mesa Charitable TR ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $83k against liabilities of $0, net assets of $83k.