Pearl Ministries Inc

Analysis

Pearl Ministries Inc is a registered charity in United States, based in Peachtree Cty, GA. It received its IRS tax-exemption ruling in February 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, Pearl Ministries Inc reported income of $164k and spending of $158k, spending 97% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $32k to $164k (+408%), an average of +126% a year. The sharpest change came in the year to December 2023, when income rose by 602%. Over the whole period it spent 139% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pearl Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within GA. Charities of a similar size with the same main cause include Vietnamese New Beginning Church ($164k), Fondation Momprince Thomas Inc ($164k) and Dagmawit Axum Tsion Mariam Orthodox Tewahido Monastery in Ti ($164k).

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 $41k against liabilities of $0, net assets of $41k.