Embark Lay Ministries Inc

Analysis

Embark Lay Ministries Inc is a registered charity in United States, based in Hartsville, SC. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Embark Lay Ministries Inc reported income of $95k and spending of $92k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $82k to $95k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Embark Lay Ministries Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 41st percentile within SC. Charities of a similar size with the same main cause include Healthy Men ($95k), Giles County Help Center ($95k) and Dallas Legacy Mission Inc ($95k).

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 $16k against liabilities of $0, net assets of $16k.