More International Ministries

Analysis

More International Ministries is a registered charity in United States, based in Terryville, CT. It received its IRS tax-exemption ruling in May 2019, 7 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, More International Ministries reported income of $638k and spending of $620k, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $598k to $638k (+6.7%), an average of +1.6% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, More International Ministries sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 72nd percentile within CT. Charities of a similar size with the same main cause include Bold Venture Ministries Inc ($637k), Apostolic Restoration Ministry ($638k) and Hamzah Islamic Center Inc ($637k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $40k (6.5% of expenses). Other salaries and wages came to $15k. At year end it held assets of $207k against liabilities of $11k, net assets of $195k.