Johnny Minick Ministries Inc

Analysis

Johnny Minick Ministries Inc is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in November 1978, 48 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 2022, Johnny Minick Ministries Inc reported income of $160k and spending of $68k, leaving 57% of income unspent that year. Across the 5 years on record, from December 2018 to December 2022, income fell from $452k to $160k (-65%), an average of -23% a year. The sharpest change came in the year to December 2020, when income rose by 497%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Johnny Minick 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 49th percentile, and in the 49th percentile within TN. Charities of a similar size with the same main cause include Association for Living Historical Farms & Agricultural Museums ($160k), Atlanta Good Church Inc ($160k) and Stephen F Patrick Evangelistic Association Inc ($160k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.