Philippine Evangelical Enterprises Inc

Analysis

Philippine Evangelical Enterprises Inc is a registered charity in United States, based in St John, KS. It received its IRS tax-exemption ruling in July 1967, 59 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, Philippine Evangelical Enterprises Inc reported income of $76k and spending of $101k, spending 133% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $212k to $76k (-64%), an average of -40% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Philippine Evangelical Enterprises Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within KS. Charities of a similar size with the same main cause include Catholic Liturgical Ensemble Formation ($76k), Together for Uganda ($76k) and Chicago Buddhist Vihara Inc ($76k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $25k. At year end it held assets of $197k against liabilities of $0, net assets of $197k. It reported 2 employees.