Kevin Shorey Ministries Inc

Analysis

Kevin Shorey Ministries Inc is a registered charity in United States, based in Ashland City, TN. It received its IRS tax-exemption ruling in August 1990, 36 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, Kevin Shorey Ministries Inc reported income of $72k and spending of $77k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $97k to $72k (-26%), an average of -7.3% a year. The sharpest change came in the year to December 2021, when income dropped by 33%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kevin Shorey Ministries Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within TN. Charities of a similar size with the same main cause include Reedsburg Area United Fund Inc ($72k), National Network of Abortion Funds ($72k) and Langley High School Band Association ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Other salaries and wages came to $22k. At year end it held assets of $2,617 against liabilities of $0, net assets of $2,617.