Innerlight Ministries Inc

Analysis

Innerlight Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in September 1992, 34 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, Innerlight Ministries Inc reported income of $400k and spending of $424k, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $317k to $400k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 61%. 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, Innerlight Ministries Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within IN. Charities of a similar size with the same main cause include Cornerstone Outreach Center of Ama Inc ($400k), Ave Maria Pilgrimage Tours ($400k) and American Friends of Chasdei Lev ($400k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $6,600 (1.6% of expenses). At year end it held assets of $713k against liabilities of $76k, net assets of $637k. It reported 1 employees.