Quest Ministries

Analysis

Quest Ministries is a registered charity in United States, based in Holly Springs, NC. 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, Quest Ministries reported income of $149k and spending of $143k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $149k (+3.2%), an average of +3.2% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Quest Ministries sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 45th percentile within NC. Charities of a similar size with the same main cause include Biblia Global ($149k), Lighthouse for Humanity Inc ($149k) and Ron Wells Discipleship Ministries ($149k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $25k against liabilities of $0, net assets of $25k.