Fresh Brewed Ministries Inc

Analysis

Fresh Brewed Ministries Inc is a registered charity in United States, based in Myrtle Beach, SC. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2023, Fresh Brewed Ministries Inc reported income of $100k and spending of $98k, spending 98% of its income. Across the 2 years on record, from June 2022 to June 2023, income grew from $56k to $100k (+79%), an average of +79% a year. The sharpest change came in the year to June 2023, when income rose by 79%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fresh Brewed Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 42nd percentile within SC. Charities of a similar size with the same main cause include Network of Biblical Storytellers International ($100k), Submerge Family Church ($100k) and Kingdom Driven Ministries Inc ($100k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,659 against liabilities of $0, net assets of $1,659.