Shine Ministries Inc
Analysis
Shine Ministries Inc is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in December 2017, 9 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 June 2023, Shine Ministries Inc reported income of $364k and spending of $548k, spending 151% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $144k to $364k (+153%), an average of +26% a year. The sharpest change came in the year to June 2022, when income rose by 258%. Over the whole period it spent 140% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Shine Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within AZ. Charities of a similar size with the same main cause include Quong Ming Buddhism & Taoism Society of San Francisco ($364k), National Consultants Group Inc ($364k) and Islamic Society of Greater Philadelphia ($364k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 71% of the total. Other salaries and wages came to $86k. At year end it held assets of $31k against liabilities of $627k, net assets of -$596k. It reported 6 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 26%
- Program services 71%
- Other 3.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Quong Ming Buddhism & Taoism Society of San Francisco | San Francisco | $364k |
| National Consultants Group Inc | Jamestown | $364k |
| Islamic Society of Greater Philadelphia | Philadelphia | $364k |
| Mufid Academic Seminary | Fairfax | $364k |