Firmly Rooted Ministries
Analysis
Firmly Rooted Ministries is a registered charity in United States, based in Oxford, MI. It received its IRS tax-exemption ruling in December 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 December 2023, Firmly Rooted Ministries reported income of $397k and spending of $384k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $346k to $397k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 101% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Firmly Rooted Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 66th percentile within MI. Charities of a similar size with the same main cause include Guru Nanak Sat Sangat of California ($396k), Tennessee Christian Teen Convention ($397k) and Vidanet Inc ($396k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $201k (52% of expenses). At year end it held assets of $87k against liabilities of $7,616, net assets of $79k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 89%
- Program services 11%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Guru Nanak Sat Sangat of California | Sacramento | $396k |
| Tennessee Christian Teen Convention | Knoxville | $397k |
| Vidanet Inc | Lititz | $396k |
| Life Sports Ministries International | Camarillo | $397k |