Allen Griffin Ministries Inc

Analysis

Allen Griffin Ministries Inc is a registered charity in United States, based in Winston Salem, NC. It received its IRS tax-exemption ruling in August 2002, 24 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 2022, Allen Griffin Ministries Inc reported income of $306k and spending of $306k, spending 100% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $282k to $306k (+8.6%), an average of +2.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Allen Griffin 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 61st percentile within NC. Charities of a similar size with the same main cause include Young Living Stones ($306k), St Marys Housing Corporation Inc II ($306k) and Outreach Ministries of Alabama Inc ($306k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 104% of the total. Compensation of current officers, directors and key employees was $143k (47% of expenses). At year end it held assets of $5,803 against liabilities of $20k, net assets of -$14k. It reported 1 employees.