10-10 Ministries Inc

Analysis

10-10 Ministries Inc is a registered charity in United States, based in Prescott, AZ. It received its IRS tax-exemption ruling in December 2010, 16 years ago. 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, 10-10 Ministries Inc reported income of $198k and spending of $211k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $228k to $198k (-13%), an average of -3.5% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, 10-10 Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within AZ. Charities of a similar size with the same main cause include Bethel Youth Soccer Association ($198k), Flickinger Weidner Foundation for the Benefit of the Flickinger ($198k) and Freehold Township Little League Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Compensation of current officers, directors and key employees was $28k (13% of expenses). Other salaries and wages came to $6,000. At year end it held assets of $90k against liabilities of $6,377, net assets of $84k. It reported 1 employees.