Annette Mains Ministries Inc
Analysis
Annette Mains Ministries Inc is a registered charity in United States, based in Huntertown, IN. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Annette Mains Ministries Inc reported income of $256k and spending of $331k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $256k (-14%), an average of -3.8% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 119% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Annette Mains Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 58th percentile within IN. Charities of a similar size with the same main cause include Read Association of Saginaw County ($256k), Metal Buildings Institute ($256k) and Excellerated Teaching Academy Inc ($256k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $152k (46% of expenses). Other salaries and wages came to $32k. At year end it held assets of $1.1m against liabilities of $5,937, net assets of $1.1m. It reported 4 employees.
Income and spending
Where the income comes from
- Contributions & grants 91%
- Other 9.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Read Association of Saginaw County | Saginaw | $256k |
| Metal Buildings Institute | Bethlehem | $256k |
| Excellerated Teaching Academy Inc | St Petersburg | $256k |
| Alta Corner Canyon Cycling Club Inc | Draper | $256k |