Submission Ministries and Fellowship Inc

Analysis

Submission Ministries and Fellowship Inc is a registered charity in United States, based in Gainesville, VA. It received its IRS tax-exemption ruling in October 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Submission Ministries and Fellowship Inc reported income of $227k and spending of $378k, spending 166% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $126k to $227k (+81%), an average of +16% a year. The sharpest change came in the year to December 2022, when income rose by 161%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Submission Ministries and Fellowship Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within VA. Charities of a similar size with the same main cause include Oak Tree Ministry a NJ Nonprofit Corporation ($227k), Oakwood Center Inc ($227k) and The Prayer Institute ($227k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $90k. At year end it held assets of $339k against liabilities of $86k, net assets of $252k. It reported 3 employees.