Mike Kruger Ministries Inc

Analysis

Mike Kruger Ministries Inc is a registered charity in United States, based in Sarasota, FL. It received its IRS tax-exemption ruling in January 1997, 29 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, Mike Kruger Ministries Inc reported income of $308k and spending of $288k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $213k to $308k (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mike Kruger Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 65th percentile within FL. Charities of a similar size with the same main cause include Bonhoeffer Project ($308k), Liberating Ministeries for Christ International Inc ($308k) and Logos Leaders Outreach ($308k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $72k (25% of expenses). Other salaries and wages came to $4,800. At year end it held assets of $317k against liabilities of $0, net assets of $317k. It reported 1 employees.