Indian Ministries of North America Inc

Analysis

Indian Ministries of North America Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in August 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Indian Ministries of North America Inc reported income of $220k and spending of $249k, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $418k to $220k (-47%), an average of -15% a year. The sharpest change came in the year to December 2021, when income dropped by 48%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Indian Ministries of North America Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within TN. Charities of a similar size with the same main cause include Eugene M Cole Foundation-Trust ($220k), Return to China Partnership ($221k) and Faith in Action of the Greater Kanawha Valley Inc ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $80k (32% of expenses). Other salaries and wages came to $28k. At year end it held assets of $185k against liabilities of $0, net assets of $185k. It reported 3 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.