Search for Me Ministries Inc

Analysis

Search for Me Ministries Inc is a registered charity in United States, based in Chesterfield, VA. It received its IRS tax-exemption ruling in November 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, Search for Me Ministries Inc reported income of $85k and spending of $111k, spending 131% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $85k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. 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, Search for Me Ministries Inc sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 32nd percentile within VA. Charities of a similar size with the same main cause include Hope Armenia Inc ($85k), Assembleia de Deus Manancial de Vida ($85k) and Banquet Network Inc ($85k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $47k (42% of expenses). At year end it held assets of $118k against liabilities of $0, net assets of $118k. It reported 1 employees.