E2 Ministries Inc

Analysis

E2 Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in November 2012, 14 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, E2 Ministries Inc reported income of $823k and spending of $546k, leaving 34% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $225k to $823k (+266%), an average of +38% a year. The sharpest change came in the year to December 2020, when income rose by 77%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, E2 Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IN. Charities of a similar size with the same main cause include Faith Expressed ($823k), Europe Campus Ministry ($823k) and Lafayette-Orinda Presbyterian Church Foundation ($823k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% and program service revenue 11% of the total. Compensation of current officers, directors and key employees was $126k (23% of expenses). Other salaries and wages came to $250k. At year end it held assets of $1.3m against liabilities of $3,372, net assets of $1.3m. It reported 6 employees.