Apt Ministries

Analysis

Apt Ministries is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in January 2010, 16 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, Apt Ministries reported income of $376k and spending of $330k, spending 88% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $265k to $376k (+42%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Apt Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Mendenhall Ministries Inc ($376k), Power of Love Ministry ($376k) and Anglican Diocese of South Carolina Development Fund ($376k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $68k. At year end it held assets of $146k against liabilities of $151, net assets of $146k. It reported 1 employees.