Mount of Olives Ministries

Analysis

Mount of Olives Ministries is a registered charity in United States, based in Sterling, KS. It received its IRS tax-exemption ruling in February 2009, 17 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mount of Olives Ministries reported income of $180k and spending of $102k, leaving 43% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $19k to $180k (+856%), an average of +856% a year. The sharpest change came in the year to December 2023, when income rose by 856%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mount of Olives Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 50th percentile within KS. Charities of a similar size with the same main cause include Eglise de Dieu du Nazareen ($180k), Rescue America Baptist Missions Inc ($180k) and Ebenezer International Ministries Inc ($180k).

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 $212k against liabilities of $0, net assets of $212k.