P R Ministries

Analysis

P R Ministries is a registered charity in United States, based in Franklin, TN. It received its IRS tax-exemption ruling in July 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 2023, P R Ministries reported income of $249k and spending of $333k, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $237k to $249k (+4.8%), an average of +1.2% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, P R Ministries sits at the 57th 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 59th percentile within TN. Charities of a similar size with the same main cause include Armed Forces Council of Chicago ($249k), Council for the Advancement of Standards in Higher Education ($249k) and Stanwood Area Historical Society ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $118k (35% of expenses). At year end it held assets of $105k against liabilities of $1,785, net assets of $103k. It reported 2 employees.