Proven Men Ministries Ltd

Analysis

Proven Men Ministries Ltd is a registered charity in United States, based in Lynchburg, VA. It received its IRS tax-exemption ruling in June 2001, 25 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, Proven Men Ministries Ltd reported income of $337k and spending of $290k, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $201k to $337k (+67%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 35%. 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, Proven Men Ministries Ltd sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within VA. Charities of a similar size with the same main cause include Stillwater Refuge Inc ($337k), McAlpine Partners ($337k) and Lighthouse Church Plants ($337k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 84% and program service revenue 16% of the total. Other salaries and wages came to $143k. At year end it held assets of $180k against liabilities of $7,389, net assets of $173k. It reported 3 employees.