Indigenous Advance Ministries
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
Where the income comes from
- Contributions & grants 89%
- Program services 9.9%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Student Impact International Inc | Escondido | $238k |
| Revive Ohio Mobile Outreach Inc | Anna | $238k |
| Endless Satsang Foundation Inc | Sedona | $238k |
| Huyen Quang Buddhist Research Institute | Royse City | $238k |