Ed Newton Ministries Inc

Analysis

Ed Newton Ministries Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 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, Ed Newton Ministries Inc reported income of $113k and spending of $124k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $113k (-7.8%), an average of -7.8% a year. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ed Newton Ministries Inc sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Diboll Christian Outreach ($113k), Faithful Life Church ($113k) and Micah Cornerstone Ministries Inc ($113k).

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 $347k against liabilities of $0, net assets of $347k.