Abide in Him Ministries Inc

Analysis

Abide in Him Ministries Inc is a registered charity in United States, based in Garysburg, NC. It received its IRS tax-exemption ruling in January 2000, 26 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, Abide in Him Ministries Inc reported income of $121k and spending of $419k, spending 347% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $66k to $121k (+82%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 89%. Over the whole period it spent 167% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abide in Him Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Asamblea Evangelica de North Miami Inc ($121k), Allen Family Minstries Inc ($121k) and Care Center Memphis Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 4.2% of the total. Compensation of current officers, directors and key employees was $55k (13% of expenses). At year end it held assets of $1.0m against liabilities of $1,296, net assets of $1.0m. It reported 2 employees.