First Priority Global Ministries
Analysis
First Priority Global Ministries is a registered charity in United States, based in Thompsons STN, TN. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2022, First Priority Global Ministries reported income of $1.9m and spending of $1.7m, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $414k to $1.9m (+349%), an average of +65% a year. The sharpest change came in the year to December 2020, when income rose by 96%. Over the whole period it spent 85% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, First Priority Global Ministries sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within TN. Charities of a similar size with the same main cause include Worldview Academy ($1.9m), Love and Truth Christian Center Inc ($1.9m) and Kby Congregations Together Inc ($1.9m).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $340k. At year end it held assets of $716k against liabilities of $44k, net assets of $672k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Worldview Academy | Mt Pleasant | $1.9m |
| Love and Truth Christian Center Inc | Bergenfield | $1.9m |
| Kby Congregations Together Inc | Brooklyn | $1.9m |
| Ujima Adult and Family Services | San Jose | $1.9m |