Exago Ministries Inc

Analysis

Exago Ministries Inc is a registered charity in United States, based in Rogers, AR. It received its IRS tax-exemption ruling in September 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, Exago Ministries Inc reported income of $269k and spending of $243k, spending 90% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $261k to $269k (+3.3%), an average of +1.1% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Exago Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within AR. Charities of a similar size with the same main cause include Alpha Omega Ministries ($269k), Steadfast Family Farm Inc ($269k) and Jcrafts by Chabad Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $160k (66% of expenses). Other salaries and wages came to $26k. At year end it held assets of $60k against liabilities of $905, net assets of $59k. It reported 4 employees.