Fluitt Ministries Inc

Analysis

Fluitt Ministries Inc is a registered charity in United States, based in Monroe, LA. It received its IRS tax-exemption ruling in December 1980, 46 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, Fluitt Ministries Inc reported income of $232k and spending of $236k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $540 to $232k (+42857%), an average of +355% a year. The sharpest change came in the year to December 2020, when income rose by 13749%. Over the whole period it spent 83% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fluitt Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 56th percentile within LA. Charities of a similar size with the same main cause include Mission to Seafarers ($232k), Christians Teaching Christians ($232k) and Equipping Group Inc ($232k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.7m against liabilities of $0, net assets of $1.7m.