Logos Ministries Inc

Analysis

Logos Ministries Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Logos Ministries Inc reported income of $58k and spending of $68k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $64k to $58k (-9.6%), an average of -9.6% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Logos Ministries Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within KY. Charities of a similar size with the same main cause include Sos International Inc ($58k), Hope Food and Clothing Ministry ($58k) and Northwest Golfers for Warriors ($58k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,286 against liabilities of $0, net assets of $4,286.