International Outreach Ministries Inc
Analysis
International Outreach Ministries Inc is a registered charity in United States, based in Hattiesburg, MS. It received its IRS tax-exemption ruling in January 2003, 23 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, International Outreach Ministries Inc reported income of $4.3m and spending of $3.9m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.6m to $4.3m (+21%), an average of +4.8% a year. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, International Outreach Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within MS. Charities of a similar size with the same main cause include Gba Ships Florence Inc ($4.3m), Faith in Place ($4.3m) and Family Missions Company ($4.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.9% of the total. Compensation of current officers, directors and key employees was $145k (3.7% of expenses). Other salaries and wages came to $106k. At year end it held assets of $2.0m against liabilities of $80k, net assets of $1.9m. It reported 6 employees.
Income and spending
Where the income comes from
- Contributions & grants 98%
- Program services 1.9%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gba Ships Florence Inc | Florence | $4.3m |
| Faith in Place | Chicago | $4.3m |
| Family Missions Company | Abbeville | $4.3m |
| Tabernacle Christian School | Concord | $4.3m |