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One Way Out Ministries Inc

RegisteredEIN 20-5992723Fort Myers, FLReligion
Income$330k2022-12
Spending$415ksame year
Spent / received102%4-year average
Size in its cause76th pctReligion
Exempt since2012Publicly supported organisat
Employees11latest return

Analysis

One Way Out Ministries Inc is a registered charity in United States, based in Fort Myers, FL. It received its IRS tax-exemption ruling in September 2012, 14 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 2022, One Way Out Ministries Inc reported income of $330k and spending of $415k, spending 126% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $373k to $330k (-12%), an average of -4.0% a year. 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, One Way Out Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 66th percentile within FL. Charities of a similar size with the same main cause include Chabad at the Medical Centers ($330k), Soar Columbia ($330k) and Agencia Nexus Internacional ($330k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 27% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $46k (11% of expenses). Other salaries and wages came to $113k. At year end it held assets of $73k against liabilities of -$2,520, net assets of $75k. It reported 11 employees.

Income and spending

$0$104k$207k$311k$415k2019 Income: $372,9992019 Spending: $384,84820192020 Income: $371,8802020 Spending: $363,71920202021 Income: $371,9992021 Spending: $311,67020212022 Income: $329,6942022 Spending: $414,7192022
IncomeSpending

Where the income comes from

  • Contributions & grants 27%
  • Program services 73%
  • Other 0.0%

Similar-sized charities, same cause

CharityLocationIncome
Chabad at the Medical CentersNew Hyde Park$330k
Soar ColumbiaColumbia$330k
Agencia Nexus InternacionalOrlando$330k
Mission of Mary CooperativeDayton$330k