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Proclaim My Word Inc

RegisteredEIN 27-1875713Dahlonega, GAReligion
Income$60k2020-12
Spending$165ksame year
Spent / received196%2-year average
Size in its cause26th pctReligion
Exempt since2011Private non-operating founda
Employees1latest return

Analysis

Proclaim My Word Inc is a registered charity in United States, based in Dahlonega, GA. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Proclaim My Word Inc reported income of $60k and spending of $165k, spending 274% of what it took in. Across the 2 years on record, from December 2019 to December 2020, income fell from $116k to $60k (-48%), an average of -48% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 196% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Proclaim My Word Inc sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 24th percentile within GA. Charities of a similar size with the same main cause include Dera Sacha Sauda Sirsa ($60k), M O R E Ministries ($60k) and Iglesia de Cristo Este de Los Angeles ($60k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 5.2% of the total. Compensation of current officers, directors and key employees was $76k (46% of expenses). At year end it held assets of $2.6m against liabilities of $665, net assets of $2.6m. It reported 1 employees.

Income and spending

$0$45k$91k$136k$181k2019 Income: $116,0392019 Spending: $181,13520192020 Income: $60,1262020 Spending: $164,5582020
IncomeSpending

Where the income comes from

  • Contributions & grants 5.2%
  • Other 95%

Similar-sized charities, same cause

CharityLocationIncome
Dera Sacha Sauda SirsaNewark$60k
M O R E MinistriesCleveland$60k
Iglesia de Cristo Este de Los AngelesLos Angeles$60k
With Mission IncHanover$60k