Fishers of Men of Sumter Inc

Analysis

Fishers of Men of Sumter Inc is a registered charity in United States, based in Chapin, SC. It received its IRS tax-exemption ruling in May 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, Fishers of Men of Sumter Inc reported income of $2.3m and spending of $2.3m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.3m (+14%), an average of +3.3% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fishers of Men of Sumter Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within SC. Charities of a similar size with the same main cause include Christ Our Sheperd Ministries ($2.3m), Hope Force International ($2.3m) and United Methodist Mountain Missions in Kentucky Inc ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 61% of the total. Compensation of current officers, directors and key employees was $206k (8.8% of expenses). At year end it held assets of $518k against liabilities of $108k, net assets of $410k. It reported 2 employees.