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First Priority Global Ministries

RegisteredEIN 26-0701963Thompsons STN, TNReligion
Income$1.9m2022-12
Spending$1.7msame year
Spent / received85%4-year average
Size in its cause95th pctReligion
Exempt since2009Church
Employees5latest return

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

$0$465k$930k$1.4m$1.9m2019 Income: $414,0402019 Spending: $377,39420192020 Income: $812,1502020 Spending: $510,18320202021 Income: $1,210,7602021 Spending: $1,000,32020212022 Income: $1,859,8902022 Spending: $1,748,3182022
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Worldview AcademyMt Pleasant$1.9m
Love and Truth Christian Center IncBergenfield$1.9m
Kby Congregations Together IncBrooklyn$1.9m
Ujima Adult and Family ServicesSan Jose$1.9m