Prepare the Way Ministries International

Analysis

Prepare the Way Ministries International is a registered charity in United States, based in Collinsville, IL. It received its IRS tax-exemption ruling in December 2003, 23 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, Prepare the Way Ministries International reported income of $122k and spending of $122k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $143k to $122k (-15%), an average of -15% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Prepare the Way Ministries International sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include The Pool of Bethesda Christian Center ($122k), Rafeeqee Foundation Inc ($122k) and Miyad Inc ($122k).

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 $3,388 against liabilities of $0, net assets of $3,388.