Acts 29 Ministries Inc

Analysis

Acts 29 Ministries Inc is a registered charity in United States, based in Vandalia, OH. It received its IRS tax-exemption ruling in January 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Acts 29 Ministries Inc reported income of $357k and spending of $401k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $357k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2020, when income rose by 87%. Over the whole period it spent 86% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Acts 29 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 65th percentile, and in the 64th percentile within OH. Charities of a similar size with the same main cause include Changing Tides Foundation ($357k), Fountains of Hope International Inc ($357k) and US FDN for the Children of Haiti ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $28k (7.0% of expenses). Other salaries and wages came to $42k. At year end it held assets of $608k against liabilities of $30, net assets of $608k. It reported 1 employees.