Eg Ministries Inc

Analysis

Eg Ministries Inc is a registered charity in United States, based in Aldan, PA. It received its IRS tax-exemption ruling in July 1988, 38 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Eg Ministries Inc reported income of $248k and spending of $214k, spending 86% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $207k to $248k (+20%), an average of +3.7% a year. The sharpest change came in the year to December 2020, when income dropped by 18%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Eg Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within PA. Charities of a similar size with the same main cause include Sola Robotics ($247k), Free Bikes 4 Kidz - Detroit ($248k) and Southern Outdoors Unlimited Inc ($247k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% and program service revenue 26% of the total. Compensation of current officers, directors and key employees was $46k (22% of expenses). Other salaries and wages came to $60k. At year end it held assets of $321k against liabilities of $2,386, net assets of $318k. It reported 3 employees.