Unpackin It Ministries Inc

Analysis

Unpackin It Ministries Inc is a registered charity in United States, based in Charlotte, NC. It received its IRS tax-exemption ruling in September 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 May 2024, Unpackin It Ministries Inc reported income of $305k and spending of $300k, spending 98% of its income. Across the 4 years on record, from May 2021 to May 2024, income grew from $263k to $305k (+16%), an average of +5.1% a year. The sharpest change came in the year to May 2024, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Unpackin It Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NC. Charities of a similar size with the same main cause include SVDP Thrift Store Kittanning ($305k), Higher Purpose Fellowship ($305k) and Men of Issachar ($305k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 67% and program service revenue 33% of the total. Compensation of current officers, directors and key employees was $178k (59% of expenses). Other salaries and wages came to $47k. At year end it held assets of $23k against liabilities of $86, net assets of $23k.