It Is Finished Ministries Inc

Analysis

It Is Finished Ministries Inc is a registered charity in United States, based in Gouverneur, NY. It received its IRS tax-exemption ruling in August 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, It Is Finished Ministries Inc reported income of $93k and spending of $67k, leaving 28% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $300k to $93k (-69%), an average of -32% a year. The sharpest change came in the year to December 2021, when income dropped by 74%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, It Is Finished Ministries Inc sits at the 41st percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 35th percentile within NY. Charities of a similar size with the same main cause include Open Circle Center Inc ($93k), Ukraine Connection Ministries ($93k) and Way Home Mt ($93k).

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 $487k against liabilities of $0, net assets of $487k.