Exciting Word Ministries

Analysis

Exciting Word Ministries is a registered charity in United States, based in Charlotte, 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 December 2023, Exciting Word Ministries reported income of $102k and spending of $88k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $102k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Exciting Word Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 35th percentile within NC. Charities of a similar size with the same main cause include Jesus Is the Answer Miracle Church International Inc ($102k), North Fryeburg Community Chapel ($102k) and Arise Ministries ($102k).

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 $21k against liabilities of $0, net assets of $21k.