Gary Permenter Ministries Inc

Analysis

Gary Permenter Ministries Inc is a registered charity in United States, based in Columbus, MS. It received its IRS tax-exemption ruling in May 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gary Permenter Ministries Inc reported income of $116k and spending of $112k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $116k (+24%), an average of +24% a year. The sharpest change came in the year to December 2023, when income rose by 24%. Over the whole period it spent 108% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Gary Permenter Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within MS. Charities of a similar size with the same main cause include Vien Am Monastery ($116k), Greater Beaver Meadow Missionary Baptist Church Inc ($116k) and United Community of Muslims ($116k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. At year end it held assets of $475k against liabilities of $0, net assets of $475k.