Probe Ministries International Inc

Analysis

Probe Ministries International Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in October 1973, 53 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 June 2023, Probe Ministries International Inc reported income of $629k and spending of $713k, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $647k to $629k (-2.8%), an average of -0.7% a year. The sharpest change came in the year to June 2022, when income rose by 32%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Probe Ministries International Inc sits at the 87th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include DSC Ministries Inc ($628k), Shaolin Temple USA ($629k) and Promise in Glen Rose Inc ($628k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% and program service revenue 1.2% of the total. Compensation of current officers, directors and key employees was $239k (33% of expenses). Other salaries and wages came to $266k. At year end it held assets of $330k against liabilities of $179k, net assets of $151k. It reported 10 employees.