Adullam Ministries Incorporated

Analysis

Adullam Ministries Incorporated is a registered charity in United States, based in College Park, GA. It received its IRS tax-exemption ruling in August 2008, 18 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 2022, Adullam Ministries Incorporated reported income of $582k and spending of $642k, spending 110% of what it took in. Across the 3 years on record, from December 2020 to December 2022, income grew from $275k to $582k (+112%), an average of +46% a year. The sharpest change came in the year to December 2021, when income rose by 59%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Adullam Ministries Incorporated sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 76th percentile within GA. Charities of a similar size with the same main cause include The Church of Joy ($582k), Bma Foundation ($582k) and Adventist Medical Evangelism Network-Amen ($582k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 94% and program service revenue 5.9% of the total. At year end it held assets of $58k against liabilities of $75k, net assets of -$17k.