According to Prophecy Ministries

Analysis

According to Prophecy Ministries is a registered charity in United States, based in Lemon Grove, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, According to Prophecy Ministries reported income of $381k and spending of $256k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $381k (+66%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 69% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, According to Prophecy Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Birthright of Greenville Inc ($381k), Sheboygan County Half-Way House Inc ($381k) and Red Wing Area Seniors Inc ($381k).

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 $75k (29% of expenses). At year end it held assets of $616k against liabilities of $20k, net assets of $596k.