Apostolic Faith Ministries Inc

Analysis

Apostolic Faith Ministries Inc is a registered charity in United States, based in Port Orchard, WA. It received its IRS tax-exemption ruling in February 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Apostolic Faith Ministries Inc reported income of $148k and spending of $149k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $148k (+12%), an average of +12% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Apostolic Faith Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 43rd percentile within WA. Charities of a similar size with the same main cause include Alabaster Project Ministries Inc ($148k), Bethanie Evangelical Mission of Haiti III ($148k) and Community Care Network Indianapolis ($148k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $695 against liabilities of $0, net assets of $695.