Pfunanane Ministries Incorporated

Analysis

Pfunanane Ministries Incorporated is a registered charity in United States, based in Scott Depot, WV. It received its IRS tax-exemption ruling in August 2013, 13 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Pfunanane Ministries Incorporated reported income of $243k and spending of $239k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $330k to $243k (-26%), an average of -9.6% a year. The sharpest change came in the year to December 2022, when income dropped by 25%. Over the whole period it spent 93% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Pfunanane Ministries Incorporated sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 56th percentile within WV. Charities of a similar size with the same main cause include Coromoto 2020 ($243k), How Charities ($244k) and Thursday Club Foundation ($243k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $26k against liabilities of $0, net assets of $26k.