Alms International Ministries

Analysis

Alms International Ministries is a registered charity in United States, based in Austin, CO. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Alms International Ministries reported income of $122k and spending of $146k, spending 120% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $163k to $122k (-25%), an average of -25% a year. The sharpest change came in the year to December 2023, when income dropped by 25%. Over the whole period it spent 96% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Alms International Ministries sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 38th percentile within CO. Charities of a similar size with the same main cause include Nutrition and Fitness Educationinitiative Inc ($122k), Mumas Renaciendo Corp ($122k) and Tamil Manram ($122k).

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 $16k against liabilities of $7,588, net assets of $8,719.