Apostolic Ministries Inc

Analysis

Apostolic Ministries Inc is a registered charity in United States, based in Metairie, LA. It received its IRS tax-exemption ruling in July 1982, 44 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, Apostolic Ministries Inc reported income of $194k and spending of $181k, spending 93% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $203k to $194k (-4.4%), an average of -1.5% a year. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Apostolic Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 51st percentile within LA. Charities of a similar size with the same main cause include Collegiate Abbey Inc ($194k), Circle of Friends Ministry Inc ($194k) and Lord Teach Me to Pray Inc ($194k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 7.8% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.