Shamgar Ministries Inc

Analysis

Shamgar Ministries Inc is a registered charity in United States, based in Cochran, GA. It received its IRS tax-exemption ruling in April 2010, 16 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 April 2023, Shamgar Ministries Inc reported income of $115k and spending of $116k, spending 102% of its income. Across the 3 years on record, from April 2019 to April 2023, income fell from $313k to $115k (-63%), an average of -40% a year. The sharpest change came in the year to April 2022, when income dropped by 54%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shamgar Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 42nd percentile within GA. Charities of a similar size with the same main cause include Ministerio Internacional Erjtx Inc ($115k), Divine Temple Church of God in Christ ($115k) and Opera Leggera Inc ($115k).

On its Form 990-EZ for the period ending April 2023, revenue came from contributions and grants 86% of the total. At year end it held assets of $412k against liabilities of $0, net assets of $412k.