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The Other Way Ministries

RegisteredEIN 38-2236821Grand Rapids, MIPoverty relief
Income$1.9m2023-06
Spending$1.9msame year
Spent / received88%4-year average
Size in its cause82nd pctPoverty relief
Exempt since1981Publicly supported organisat
Employees50latest return

Analysis

The Other Way Ministries is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in May 1981, 45 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, The Other Way Ministries reported income of $1.9m and spending of $1.9m, spending 102% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.4m to $1.9m (+37%), an average of +11% a year. The sharpest change came in the year to June 2021, when income rose by 63%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, The Other Way Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 86th percentile within MI. Charities of a similar size with the same main cause include Center for Independent Living of North Central Pa ($1.9m), First Step to Nutrition Inc ($1.9m) and West Marin Senior Services ($1.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $76k (4.0% of expenses). Other salaries and wages came to $837k. At year end it held assets of $1.2m against liabilities of $110k, net assets of $1.1m. It reported 50 employees.

Income and spending

$0$552k$1.1m$1.7m$2.2m2020 Income: $1,358,2902020 Spending: $1,091,64820202021 Income: $2,209,1872021 Spending: $1,787,31320212022 Income: $2,117,4482022 Spending: $1,885,69920222023 Income: $1,858,0452023 Spending: $1,893,7142023
IncomeSpending

Where the income comes from

  • Contributions & grants 73%
  • Program services 24%
  • Other 2.5%

Similar-sized charities, same cause

CharityLocationIncome
Center for Independent Living of North Central PaWilliamsport$1.9m
First Step to Nutrition IncWellsboro$1.9m
West Marin Senior ServicesPt Reyes Sta$1.9m
Dedicating Resources to Excel All MindsSherwood$1.9m