Possibilities Ministries Inc

Analysis

Possibilities Ministries Inc is a registered charity in United States, based in Winter Garden, FL. It received its IRS tax-exemption ruling in July 2009, 17 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Possibilities Ministries Inc reported income of $141k and spending of $141k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $141k (+55%), an average of +55% a year. The sharpest change came in the year to December 2023, when income rose by 55%. Over the whole period it spent 100% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Possibilities Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Wish4life Inc ($141k), Believe Guatemala Corp ($141k) and His Hands Mission International ($141k).

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 $1 against liabilities of $0, net assets of $1.