Family Empowerment Ministries Inc

Analysis

Family Empowerment Ministries Inc is a registered charity in United States, based in Alliance, OH. It received its IRS tax-exemption ruling in February 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Family Empowerment Ministries Inc reported income of $66k and spending of $66k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $381k to $66k (-83%), an average of -58% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 37% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Family Empowerment Ministries Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within OH. Charities of a similar size with the same main cause include Vip Consortium Inc ($66k), Legacy Education Affordability Fund ($66k) and St Lukes Service League an Arizona Non-Profit Corporation ($66k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $375k against liabilities of $0, net assets of $375k. It reported 3 employees.