Source Ministries International Incorporated

Analysis

Source Ministries International Incorporated is a registered charity in United States, based in Cumming, GA. It received its IRS tax-exemption ruling in January 1985, 41 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Source Ministries International Incorporated reported income of $109k and spending of $109k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $109k (+13%), an average of +13% a year. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Source Ministries International Incorporated sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 41st percentile within GA. Charities of a similar size with the same main cause include Ms Jane & Friends Gospel Ministries ($109k), Grace Christian Church and Worship Center ($109k) and Epworth League Inc ($109k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $79k against liabilities of $0, net assets of $79k.