I2 Ministries Inc
Analysis
I2 Ministries Inc is a registered charity in United States, based in LA Habra, CA. It received its IRS tax-exemption ruling in January 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, I2 Ministries Inc reported income of $769k and spending of $1.0m, spending 134% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $759k to $769k (+1.3%), an average of +0.4% a year. The sharpest change came in the year to December 2020, when income rose by 44%. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, I2 Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 77th percentile within CA. Charities of a similar size with the same main cause include Triumph Outreach Ministry ($768k), Congregation Magen David of Manhattan ($769k) and First Light Inc ($768k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. At year end it held assets of $551k against liabilities of $11k, net assets of $540k.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Triumph Outreach Ministry | Citronelle | $768k |
| Congregation Magen David of Manhattan | Brooklyn | $769k |
| First Light Inc | Saint Louis | $768k |
| Macedonia African Methodist Episcopal Church Inc | Jamaica | $770k |