Mike McInerney Ministries

Analysis

Mike McInerney Ministries is a registered charity in United States, based in Decatur, TX. It received its IRS tax-exemption ruling in January 1998, 28 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, Mike McInerney Ministries reported income of $135k and spending of $137k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $134k to $135k (+0.4%), an average of +0.1% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mike McInerney Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 48th percentile within TX. Charities of a similar size with the same main cause include Safe Haven Ministries ($135k), Biblical School of World Evangelism ($135k) and Open Hearts Ministry Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $33k (25% of expenses). At year end it held assets of $31k against liabilities of $0, net assets of $31k.