Antioch Ministries Inc

Analysis

Antioch Ministries Inc is a registered charity in United States, based in Augusta, GA. It received its IRS tax-exemption ruling in July 1995, 31 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Antioch Ministries Inc reported income of $456k and spending of $435k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $456k (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 78%. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Antioch Ministries Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within GA. Charities of a similar size with the same main cause include Old Capitol Foundation ($455k), Jacaranda Foundation Inc ($456k) and Alianza Hispanoamericana NFP Inc ($455k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $101k (23% of expenses). Other salaries and wages came to $62k. At year end it held assets of $1.0m against liabilities of $217k, net assets of $826k. It reported 4 employees.