Youth Ministry Entertainment Inc

Analysis

Youth Ministry Entertainment Inc is a registered charity in United States, based in Richmond, VA. It received its IRS tax-exemption ruling in February 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, Youth Ministry Entertainment Inc reported income of $199k and spending of $199k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $163k to $199k (+22%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Youth Ministry Entertainment 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 53rd percentile within VA. Charities of a similar size with the same main cause include Association of Fraternity Sorority Advisors Foundation ($199k), Young Professionals Association of Louisville Inc ($199k) and Lander Valley Youth Soccer ($199k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 88% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.