Feed My Sheep Ministries Inc

Analysis

Feed My Sheep Ministries Inc is a registered charity in United States, based in Willmar, MN. It received its IRS tax-exemption ruling in September 1999, 27 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, Feed My Sheep Ministries Inc reported income of $69k and spending of $86k, spending 124% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $161k to $69k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. 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, Feed My Sheep Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 24th percentile within MN. Charities of a similar size with the same main cause include Lighthouse Inc ($69k), National Ambucs Inc ($69k) and PTA California Congress of Parents Teachers & Students Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $93k against liabilities of $9,087, net assets of $84k.