Exodus Ministries

Analysis

Exodus Ministries is a registered charity in United States, based in King, NC. It received its IRS tax-exemption ruling in July 2011, 15 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, Exodus Ministries reported income of $184k and spending of $165k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $184k (+156%), an average of +156% a year. The sharpest change came in the year to December 2023, when income rose by 156%. Over the whole period it spent 92% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Exodus Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Confac Group Homes Inc ($184k), Mental Health Family Mission ($184k) and Example Academy Inc-Nfp ($184k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. At year end it held assets of $128k against liabilities of $0, net assets of $128k.