Media Ministries Inc

Analysis

Media Ministries Inc is a registered charity in United States, based in West Monroe, LA. It received its IRS tax-exemption ruling in May 1994, 32 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 2023, Media Ministries Inc reported income of $561k and spending of $845k, spending 151% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $893k to $561k (-37%), an average of -11% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 108% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Media Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 71st percentile within LA. Charities of a similar size with the same main cause include Golden Rainbow of Nevada Inc ($561k), Boys & Girls Club of Santa Cruz County Inc ($561k) and Ebri Education and Research Fund ($561k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 36% of the total. Compensation of current officers, directors and key employees was $167k (20% of expenses). Other salaries and wages came to $190k. At year end it held assets of $339k against liabilities of $3,449, net assets of $336k. It reported 8 employees.