Inverse Ministries Inc

Analysis

Inverse Ministries Inc is a registered charity in United States, based in Surprise, AZ. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, 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, Inverse Ministries Inc reported income of $52k and spending of $46k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $45k to $52k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2021, when income rose by 110%. Over the whole period it spent 88% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Inverse Ministries Inc sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 18th percentile within AZ. Charities of a similar size with the same main cause include Helping Hands for Ukraine Inc ($52k), San Leon Oyster Fest ($52k) and Project Outreach Gulf Coast ($52k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $72k against liabilities of -$79, net assets of $72k.