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The Way Christian Ministries Inc

RegisteredEIN 58-2610639Decatur, GAReligion
Income$156k2020-12
Spending$158ksame year
Spent / received102%2-year average
Size in its cause58th pctReligion
Exempt since2002Church
Employees1latest return

Analysis

The Way Christian Ministries Inc is a registered charity in United States, based in Decatur, GA. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, The Way Christian Ministries Inc reported income of $156k and spending of $158k, spending 101% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $157k to $156k (-0.5%), an average of -0.5% a year. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, The Way Christian Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 51st percentile within GA. Charities of a similar size with the same main cause include Deano and the Dynamos Inc ($156k), American Friends of Hasheveinu Aylecha Mount Zion Inc ($156k) and Via Ministries USA ($156k).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (47% of expenses). At year end it held assets of $885k against liabilities of $206k, net assets of $680k. It reported 1 employees.

Income and spending

$0$40k$80k$120k$161k2019 Income: $157,0762019 Spending: $160,60120192020 Income: $156,2672020 Spending: $158,3002020
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Deano and the Dynamos IncSan Clemente$156k
American Friends of Hasheveinu Aylecha Mount Zion IncLawrence$156k
Via Ministries USAGlobe$156k
Authentic Global Revival IncMillersburg$156k