Fayetteville Urban Ministry Inc

Analysis

Fayetteville Urban Ministry Inc is a registered charity in United States, based in Fayetteville, NC. It received its IRS tax-exemption ruling in April 1979, 47 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 June 2023, Fayetteville Urban Ministry Inc reported income of $4.5m and spending of $4.5m, spending 99% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.3m to $4.5m (+96%), an average of +25% a year. The sharpest change came in the year to June 2023, when income rose by 56%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fayetteville Urban Ministry Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Black Rock Retreat ($4.5m), Paraclete Mission Group Inc ($4.5m) and Epic International Corporation ($4.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $121k (2.7% of expenses). Other salaries and wages came to $650k. At year end it held assets of $2.1m against liabilities of $156k, net assets of $1.9m. It reported 27 employees.