Fischer Family Ministries Inc

Analysis

Fischer Family Ministries Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in July 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 2023, Fischer Family Ministries Inc reported income of $499k and spending of $398k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $499k (+44%), an average of +9.6% a year. The sharpest change came in the year to December 2022, when income rose by 164%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fischer Family Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within TN. Charities of a similar size with the same main cause include Congregation of the Mighty Ecclesial Embassy Inc ($499k), His Hands Support Ministries ($499k) and First Baptist Church of El Paso Foundation ($499k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 52% and program service revenue 48% of the total. Compensation of current officers, directors and key employees was $183k (46% of expenses). Other salaries and wages came to $14k. At year end it held assets of $352k against liabilities of $3,244, net assets of $348k. It reported 6 employees.