Idols Aside Ministries Inc

Analysis

Idols Aside Ministries Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in April 2009, 17 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, Idols Aside Ministries Inc reported income of $1.0m and spending of $654k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.0m (-5.4%), an average of -1.4% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 60% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Idols Aside Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within KY. Charities of a similar size with the same main cause include Christian Family Learning Center ($1.0m), Mater Ecclesiae Fund for Vocations Inc ($1.0m) and Global Church Ministries ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $101k (15% of expenses). Other salaries and wages came to $184k. At year end it held assets of $2.7m against liabilities of $15k, net assets of $2.7m. It reported 5 employees.