Wired Ministries Inc

Analysis

Wired Ministries Inc is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in July 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, Wired Ministries Inc reported income of $217k and spending of $222k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $553k to $217k (-61%), an average of -21% a year. The sharpest change came in the year to December 2022, when income rose by 746%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wired Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within AL. Charities of a similar size with the same main cause include Youth Evangelism Strategies Inc ($217k), Paseo Inc ($217k) and Iglesia Cristiana Pentecostes Bethel ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 78% of the total. At year end it held assets of $16k against liabilities of $29, net assets of $16k. It reported 4 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.