Greater Impact Ministries Incorporated

Analysis

Greater Impact Ministries Incorporated is a registered charity in United States, based in Goshen, OH. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Greater Impact Ministries Incorporated reported income of $82k and spending of $103k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $135k to $82k (-39%), an average of -39% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater Impact Ministries Incorporated sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within OH. Charities of a similar size with the same main cause include Puente Hispano Inc ($82k), Peace of the Rock Ministries Inc ($82k) and Mary Ellen Strong Foundation Inc ($82k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 44% and program service revenue 55% of the total. At year end it held assets of $45k against liabilities of $3,478, net assets of $41k.