Pete Norris Ministries Inc

Analysis

Pete Norris Ministries Inc is a registered charity in United States, based in Goldsboro, NC. It received its IRS tax-exemption ruling in July 1997, 29 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 June 2023, Pete Norris Ministries Inc reported income of $428k and spending of $436k, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $393k to $428k (+8.7%), an average of +2.1% a year. The sharpest change came in the year to June 2021, when income rose by 23%. 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, Pete Norris Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 67th percentile within NC. Charities of a similar size with the same main cause include International Training and Equipping Ministries ($428k), Jewish Womens Club Inc ($428k) and Lampstand Ministries Inc ($428k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $101k. At year end it held assets of $787k against liabilities of $0, net assets of $787k. It reported 8 employees.