21st Century Ministries Inc

Analysis

21st Century Ministries Inc is a registered charity in United States, based in Bradenton, FL. It received its IRS tax-exemption ruling in May 2015, 11 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 2023, 21st Century Ministries Inc reported income of $5.1m and spending of $4.7m, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $2.6m to $5.1m (+92%), an average of +18% a year. The sharpest change came in the year to May 2022, when income rose by 37%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 21st Century Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within FL. Charities of a similar size with the same main cause include Holy Angels Foundation Inc ($5.1m), The Provision Group Inc ($5.1m) and Uta of KJ SC Inc ($5.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Compensation of current officers, directors and key employees was $74k (1.6% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $1.9m against liabilities of $628k, net assets of $1.3m. It reported 59 employees.