Inn Ministry Inc

Analysis

Inn Ministry Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in December 1993, 33 years ago. 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 2022, Inn Ministry Inc reported income of $64k and spending of $46k, leaving 29% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $31k to $64k (+104%), an average of +27% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Inn Ministry Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 29th percentile within FL. Charities of a similar size with the same main cause include Misd Foundation for Excellence Inc ($64k), Detroit Symphony Orchestra Endowment Trust Fund II ($64k) and The Arlington Community Club Inc ($64k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $9,681. At year end it held assets of $145k against liabilities of $10k, net assets of $134k.