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Indigenous Training Ministries Inc

RegisteredEIN 59-3323817Land O Lakes, FLOther charitable purposes
Income$248k2023-12
Spending$234ksame year
Spent / received85%5-year average
Size in its cause56th pctOther charitable purposes
Exempt since1995Publicly supported organisat
Employees2latest return

Analysis

Indigenous Training Ministries Inc is a registered charity in United States, based in Land O Lakes, FL. It received its IRS tax-exemption ruling in November 1995, 31 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Indigenous Training Ministries Inc reported income of $248k and spending of $234k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $206k to $248k (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 31%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Indigenous Training Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 61st percentile within FL. Charities of a similar size with the same main cause include Life Training Institute ($248k), Central Area Betterment Association ($248k) and International Association of Pastel Societies ($248k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $140k (60% of expenses). Other salaries and wages came to $7,400. At year end it held assets of $450k against liabilities of $0, net assets of $450k. It reported 2 employees.

Income and spending

$0$79k$158k$237k$316k2019 Income: $206,0442019 Spending: $169,29020192020 Income: $240,7612020 Spending: $143,68320202021 Income: $315,9022021 Spending: $274,80520212022 Income: $255,8442022 Spending: $257,54920222023 Income: $247,6912023 Spending: $234,2702023
IncomeSpending

Where the income comes from

  • Contributions & grants 54%
  • Program services 46%
  • Other 0.6%

Similar-sized charities, same cause

CharityLocationIncome
Life Training InstituteNewnan$248k
Central Area Betterment AssociationKansas City$248k
International Association of Pastel SocietiesKingston$248k
Overseas Press Club FoundationNew York$248k