Ephesians 428 Ministries Inc

Analysis

Ephesians 428 Ministries Inc is a registered charity in United States, based in West Palm BCH, FL. It received its IRS tax-exemption ruling in April 2017, 9 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, Ephesians 428 Ministries Inc reported income of $94k and spending of $109k, spending 116% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $95k to $94k (-0.6%), an average of -0.6% a year. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Ephesians 428 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 39th percentile within FL. Charities of a similar size with the same main cause include Harbor Nizhny ($94k), Pinto Reconnect ($94k) and Nancy Painter Home for Mothers with Children Inc ($94k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 55% of the total. At year end it held assets of $5,131 against liabilities of $0, net assets of $5,131.