Afm Ministry Inc

Analysis

Afm Ministry Inc is a registered charity in United States, based in Rowlett, TX. It received its IRS tax-exemption ruling in July 2014, 12 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, Afm Ministry Inc reported income of $616k and spending of $616k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $467k to $616k (+32%), an average of +7.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Afm Ministry Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Radio Maria Inc ($615k), Stewardship a Mission of Faith ($616k) and Exponent Group Inc ($615k).

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 $444k against liabilities of $18k, net assets of $426k.