Fully Furnished Ministries Inc

Analysis

Fully Furnished Ministries Inc is a registered charity in United States, based in Berkeley Lake, GA. It received its IRS tax-exemption ruling in March 2013, 13 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 December 2023, Fully Furnished Ministries Inc reported income of $523k and spending of $481k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $334k to $523k (+57%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fully Furnished Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Volunteer Christian Television Inc ($523k), Who U with Ministries ($524k) and Sikh Temple of Wisconsin Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Compensation of current officers, directors and key employees was $128k (27% of expenses). At year end it held assets of $306k against liabilities of $0, net assets of $306k. It reported 2 employees.