Platform of Comfort Ministries Inc

Analysis

Platform of Comfort Ministries Inc is a registered charity in United States, based in Powder Springs, GA. It received its IRS tax-exemption ruling in April 2021, 5 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, Platform of Comfort Ministries Inc reported income of $100k and spending of $98k, spending 98% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $40k to $100k (+150%), an average of +58% a year. The sharpest change came in the year to December 2022, when income rose by 275%. 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, Platform of Comfort Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within GA. Charities of a similar size with the same main cause include Rev1211 Inc ($100k), Greater Grace Assemblies and Networks ($100k) and Kingdom First Ministries ($100k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $3,380 against liabilities of $0, net assets of $3,380.