Impact Ministry Group Church Planting Inc

Analysis

Impact Ministry Group Church Planting Inc is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in August 1965, 61 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending December 2023, Impact Ministry Group Church Planting Inc reported income of $87k and spending of $91k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $165k to $87k (-47%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 52%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Impact Ministry Group Church Planting Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile. Charities of a similar size with the same main cause include Downey Parent Cooperative Preschool ($87k), Little League Baseball Inc ($87k) and Little League Baseball Inc ($87k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $49k against liabilities of $20k, net assets of $29k.

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.