Apostolic Ministerial Services

Analysis

Apostolic Ministerial Services is a registered charity in United States, based in Jenks, OK. It received its IRS tax-exemption ruling in January 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Apostolic Ministerial Services reported income of $565k and spending of $280k, leaving 50% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $397k to $565k (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 38% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Apostolic Ministerial Services sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OK. Charities of a similar size with the same main cause include Portland Backpack ($565k), Little Red House Inc ($565k) and Farmers Family Fund ($565k).

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 $60k (21% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.