Interim Ministry Network

Analysis

Interim Ministry Network is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in June 1986, 40 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, Interim Ministry Network reported income of $323k and spending of $354k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $505k to $323k (-36%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Interim Ministry Network 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 63rd percentile within MD. Charities of a similar size with the same main cause include Promise Reapers Inc ($323k), Lightshine International Ministries ($323k) and Taylorsville Church of Christ ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $65k (18% of expenses). Other salaries and wages came to $135k. At year end it held assets of $278k against liabilities of $111k, net assets of $167k. It reported 3 employees.