Ingage Ministries Corp

Analysis

Ingage Ministries Corp is a registered charity in United States, based in Waldorf, MD. 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 December 2023, Ingage Ministries Corp reported income of $1.1m and spending of $929k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $437k to $1.1m (+149%), an average of +26% a year. The sharpest change came in the year to December 2020, when income rose by 45%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ingage Ministries Corp sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within MD. Charities of a similar size with the same main cause include St Paul Methodist Church Memorial Fund Inc ($1.1m), Foundation for Theological Education ($1.1m) and Global Youth Ministry Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $294k (32% of expenses). At year end it held assets of $265k against liabilities of $0, net assets of $265k. It reported 1 employees.