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Indigenous Advance Ministries

RegisteredEIN 47-2790161Germantown, TNReligion
Income$238k2023-12
Spending$308ksame year
Spent / received94%5-year average
Size in its cause69th pctReligion
Exempt since2015Publicly supported organisat
Employees1latest return

Analysis

Indigenous Advance Ministries is a registered charity in United States, based in Germantown, TN. It received its IRS tax-exemption ruling in June 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, Indigenous Advance Ministries reported income of $238k and spending of $308k, spending 129% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $350k to $238k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2022, when income rose by 72%. 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, Indigenous Advance Ministries sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Student Impact International Inc ($238k), Revive Ohio Mobile Outreach Inc ($238k) and Endless Satsang Foundation Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% and program service revenue 9.9% of the total. Compensation of current officers, directors and key employees was $69k (22% of expenses). Other salaries and wages came to $36k. At year end it held assets of $219k against liabilities of $4,871, net assets of $215k. It reported 1 employees.

Income and spending

$0$131k$261k$392k$523k2019 Income: $350,3702019 Spending: $348,81220192020 Income: $219,7192020 Spending: $203,68420202021 Income: $304,5872021 Spending: $279,26420212022 Income: $522,5992022 Spending: $405,05920222023 Income: $237,7272023 Spending: $307,6662023
IncomeSpending

Where the income comes from

  • Contributions & grants 89%
  • Program services 9.9%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Student Impact International IncEscondido$238k
Revive Ohio Mobile Outreach IncAnna$238k
Endless Satsang Foundation IncSedona$238k
Huyen Quang Buddhist Research InstituteRoyse City$238k