Irav Ministry Inc

Analysis

Irav Ministry Inc is a registered charity in United States, based in Ft Walton BCH, FL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Irav Ministry Inc reported income of $131k and spending of $128k, spending 98% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $61k to $131k (+113%), an average of +29% a year. The sharpest change came in the year to December 2020, when income rose by 106%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Irav Ministry Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Daystar Institute NM Inc ($131k), House of Transformation Inc ($131k) and Believe in His Name ($131k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $621k against liabilities of $499k, net assets of $122k.