Preach Evangelistic Ministries Inc

Analysis

Preach Evangelistic Ministries Inc is a registered charity in United States, based in Seymour, MO. It received its IRS tax-exemption ruling in November 2005, 21 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, Preach Evangelistic Ministries Inc reported income of $855k and spending of $630k, leaving 26% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $471k to $855k (+81%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 127%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Preach Evangelistic 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 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Star Telegram Charities Inc ($855k), Mother House Inc ($855k) and Lynchburg Covenant Fellowship Inc ($854k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $874k against liabilities of $82k, net assets of $792k.