Ministries of Christ Inc

Analysis

Ministries of Christ Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in April 2016, 10 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, Ministries of Christ Inc reported income of $158k and spending of $160k, spending 101% of its income. Across the 4 years on record, from June 2019 to June 2023, income grew from $86k to $158k (+83%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministries of Christ 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 48th percentile, and in the 48th percentile within KY. Charities of a similar size with the same main cause include 11 11 the Gateway to Heaven ($158k), Iglesia Cristiana Primer Amor Inc ($158k) and Gods Outreach Inc ($158k).

On its Form 990-EZ for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $136k against liabilities of $53k, net assets of $82k.