Encounters Network a Ministry to the Nations

Analysis

Encounters Network a Ministry to the Nations is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in June 1993, 33 years ago. 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 2024, Encounters Network a Ministry to the Nations reported income of $544k and spending of $615k, spending 113% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $535k to $544k (+1.6%), an average of +0.4% a year. The sharpest change came in the year to June 2023, when income dropped by 19%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Encounters Network a Ministry to the Nations sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within TN. Charities of a similar size with the same main cause include Chagrin Falls Historical Society ($544k), West Mount Volunteer Fire Department Inc ($544k) and Trustee U Estate of Ida C Kayser ($544k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 44% of the total. Compensation of current officers, directors and key employees was $203k (33% of expenses). Other salaries and wages came to $66k. At year end it held assets of $221k against liabilities of $11k, net assets of $210k. It reported 10 employees.