Centurion Ministries

Analysis

Centurion Ministries is a registered charity in United States, based in Princeton, NJ. It received its IRS tax-exemption ruling in April 1987, 39 years ago. 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, Centurion Ministries reported income of $1.7m and spending of $2.1m, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $1.7m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2020, when income rose by 62%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Centurion Ministries 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 84th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Leadership Rhode Island Educational Foundation ($1.7m), Hopeco ($1.7m) and Wholistic Stress Control Institute Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 126% of the total. Compensation of current officers, directors and key employees was $246k (12% of expenses). Other salaries and wages came to $892k. At year end it held assets of $3.9m against liabilities of $316k, net assets of $3.6m. It reported 13 employees.