Fellowship of New Testament Ministries

Analysis

Fellowship of New Testament Ministries is a registered charity in United States, based in Carrollton, GA. It received its IRS tax-exemption ruling in April 1998, 28 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, Fellowship of New Testament Ministries reported income of $96k and spending of $93k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $96k (+41%), an average of +41% a year. The sharpest change came in the year to December 2023, when income rose by 41%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fellowship of New Testament Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 37th percentile within GA. Charities of a similar size with the same main cause include Aloha First ($95k), Saltville Foundation ($96k) and Northwind Ministries Inc ($95k).

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 $111k against liabilities of $0, net assets of $111k.