Press on Ministries Inc

Analysis

Press on Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in April 1985, 41 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, Press on Ministries Inc reported income of $87k and spending of $63k, leaving 27% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $98k to $87k (-11%), an average of -11% a year. Over the whole period it spent 65% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Press on Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Gauri Siddhivinayak Temple of Houston Inc ($87k), Afcc Ministry Corp ($87k) and Iglesia Pentecostal Roca de Salvacion de Patchogue Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $450k against liabilities of $0, net assets of $450k.