Phil Glisson Ministries Inc

Analysis

Phil Glisson Ministries Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1995, 31 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, Phil Glisson Ministries Inc reported income of $110k and spending of $113k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $122k to $110k (-10.0%), an average of -10% a year. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Phil Glisson Ministries Inc 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 39th percentile within TN. Charities of a similar size with the same main cause include Christs Center Church Inc ($110k), Josephs Resource Company ($110k) and Alpha Prison Ministries ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 24% of the total. At year end it held assets of $32k against liabilities of $0, net assets of $32k.