Concert Ministries

Analysis

Concert Ministries is a registered charity in United States, based in Orlando, FL. It received its IRS tax-exemption ruling in August 1967, 59 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, Concert Ministries reported income of $357k and spending of $340k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $357k (+104%), an average of +104% a year. The sharpest change came in the year to December 2023, when income rose by 104%. Over the whole period it spent 114% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Concert Ministries sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 68th percentile within FL. Charities of a similar size with the same main cause include Woodhull Community District Management Assoc Inc ($357k), Free Life Ministries Inc ($357k) and Rendell Center for Civics and Civic Engagement ($357k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $85k against liabilities of $186k, net assets of -$101k.