Abundant Ministries Inc

Analysis

Abundant Ministries Inc is a registered charity in United States, based in Cody, WY. It received its IRS tax-exemption ruling in March 1967, 59 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, Abundant Ministries Inc reported income of $56k and spending of $57k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $58k to $56k (-3.9%), an average of -3.9% a year. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Abundant Ministries Inc sits at the 21st percentile: it is larger than about 21% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 17th percentile within WY. Charities of a similar size with the same main cause include Spero House Incorporated ($56k), Miami Breakers FC Foundation Inc ($56k) and St Marys-Good Samaritan Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $9,090 against liabilities of $0, net assets of $9,090.