Gennadiy Mokhnenko Ministries

Analysis

Gennadiy Mokhnenko Ministries is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in June 2013, 13 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Gennadiy Mokhnenko Ministries reported income of $106k and spending of $296k, spending 280% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $689k to $106k (-85%), an average of -85% a year. The sharpest change came in the year to December 2023, when income dropped by 85%. Over the whole period it spent 76% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Gennadiy Mokhnenko Ministries sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 34th percentile within WA. Charities of a similar size with the same main cause include Global Health Alliance Inc ($106k), Haiti Plunge Inc ($106k) and Universal Love Alliance Foundation ($106k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $235k against liabilities of $0, net assets of $235k.