Entrusted Ministries

Analysis

Entrusted Ministries is a registered charity in United States, based in Algonquin, IL. It received its IRS tax-exemption ruling in November 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Entrusted Ministries reported income of $131k and spending of $134k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $131k (-8.4%), an average of -8.4% a year. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Entrusted Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within IL. Charities of a similar size with the same main cause include Sight of Hope Inc ($131k), Equine Heritage Foundation ($131k) and West Deerfield Township Food Pantry ($131k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 8.2% of the total. At year end it held assets of $98k against liabilities of $209, net assets of $98k.