Greg Farmer Evangelistic Ministries Inc
Analysis
Greg Farmer Evangelistic Ministries Inc is a registered charity in United States, based in Somerset, KY. It received its IRS tax-exemption ruling in November 2004, 22 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 June 2023, Greg Farmer Evangelistic Ministries Inc reported income of $361k and spending of $243k, leaving 33% of income unspent that year. Across the 4 years on record, from June 2019 to June 2023, income grew from $205k to $361k (+76%), an average of +21% a year. The sharpest change came in the year to June 2021, when income rose by 65%. Over the whole period it spent 76% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Greg Farmer Evangelistic Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Admirals Basketball Academy ($361k), Foundation for Jewish Renaissance Inc ($362k) and Pomona Holy Church ($361k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $96k (40% of expenses). At year end it held assets of $607k against liabilities of $0, net assets of $607k. It reported 5 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Admirals Basketball Academy | Houston | $361k |
| Foundation for Jewish Renaissance Inc | Clark | $362k |
| Pomona Holy Church | Pomona | $361k |
| RT Kendall Ministries Inc | White House | $362k |