Abiding Word Ministries Inc

Analysis

Abiding Word Ministries Inc is a registered charity in United States, based in Waleska, GA. It received its IRS tax-exemption ruling in February 2004, 22 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, Abiding Word Ministries Inc reported income of $130k and spending of $103k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2020 to December 2023, income fell from $224k to $130k (-42%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 48%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abiding Word Ministries 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 46th percentile within GA. Charities of a similar size with the same main cause include New Covenant Baptist Church of Houston ($130k), John L Sullivan Ministries Inc ($130k) and First Friday Club of Chicago Inc ($130k).

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 $248k against liabilities of $3,886, net assets of $244k.