Educational Ministries Inc
Analysis
Educational Ministries Inc is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending July 2023, Educational Ministries Inc reported income of $81k and spending of $158k, spending 195% of what it took in. Across the 4 years on record, from July 2020 to July 2023, income fell from $755k to $81k (-89%), an average of -52% a year. The sharpest change came in the year to July 2021, when income rose by 186%. Over the whole period it spent 56% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Educational Ministries Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 31st percentile within OR. Charities of a similar size with the same main cause include Gonzaga University Telecommunications Association ($81k), Asian American Dream Inc ($81k) and Francis Howell North Band Boosters Association ($81k).
On its Form 990 for the period ending July 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $36k (23% of expenses). At year end it held assets of $2.3m against liabilities of $89k, net assets of $2.2m. It reported 1 employees.
Income and spending
Where the income comes from
- Program services 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Gonzaga University Telecommunications Association | Spokane | $81k |
| Asian American Dream Inc | New York | $81k |
| Francis Howell North Band Boosters Association | Saint Charles | $81k |
| National Collegiate Cancer Foundation | Bethesda | $81k |