Prodigal Restoration Ministries Inc

Analysis

Prodigal Restoration Ministries Inc is a registered charity in United States, based in Jacksonville, NC. It received its IRS tax-exemption ruling in September 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 (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, Prodigal Restoration Ministries Inc reported income of $126k and spending of $122k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $123k to $126k (+2.4%), an average of +2.4% a year. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Prodigal Restoration Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within NC. Charities of a similar size with the same main cause include Milwaukee Alliance for Jewish Reconnection Inc ($126k), Broom Tree Ministries Inc ($126k) and Lionshare Leadership Group ($125k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $96k against liabilities of $0, net assets of $96k.