Isaiah 58 Ministries Inc

Analysis

Isaiah 58 Ministries Inc is a registered charity in United States, based in Bledsoe, KY. It received its IRS tax-exemption ruling in November 2018, 8 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, Isaiah 58 Ministries Inc reported income of $115k and spending of $103k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $91k to $115k (+26%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 26%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Isaiah 58 Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 40th percentile within KY. Charities of a similar size with the same main cause include New Covenant Ministry of Lancaster Ca ($115k), St Isidore Ministries ($115k) and American Wheat Mission Inc ($115k).

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 $16k against liabilities of $0, net assets of $16k.