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Greg Farmer Evangelistic Ministries Inc

RegisteredEIN 41-2139577Somerset, KYReligion
Income$361k2023-06
Spending$243ksame year
Spent / received76%4-year average
Size in its cause78th pctReligion
Exempt since2004Publicly supported organisat
Employees5latest return

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

$0$90k$181k$271k$361k2019 Income: $205,0172019 Spending: $159,09920192020 Income: $149,6742020 Spending: $141,77220202021 Income: $247,6532021 Spending: $187,99720212023 Income: $361,4192023 Spending: $242,6682023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Admirals Basketball AcademyHouston$361k
Foundation for Jewish Renaissance IncClark$362k
Pomona Holy ChurchPomona$361k
RT Kendall Ministries IncWhite House$362k