Apostolic Asia Missions of Apostolic Faith Inc

Analysis

Apostolic Asia Missions of Apostolic Faith Inc is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in November 1992, 34 years ago. 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, Apostolic Asia Missions of Apostolic Faith Inc reported income of $89k and spending of $94k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $89k (-26%), an average of -7.4% a year. The sharpest change came in the year to December 2023, when income dropped by 40%. Over the whole period it spent 72% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apostolic Asia Missions of Apostolic Faith Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within OH. Charities of a similar size with the same main cause include USA Track & Field Inc ($89k), Alabama Society for Respiratory Therapy Inc ($89k) and Willow Springs Scholarship Club Inc ($89k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $526k against liabilities of $0, net assets of $526k.