Our Inheritance Ministries Inc

Analysis

Our Inheritance Ministries Inc is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in June 2022, 4 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, Our Inheritance Ministries Inc reported income of $52k and spending of $57k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $18k to $52k (+188%), an average of +188% a year. The sharpest change came in the year to December 2023, when income rose by 188%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Our Inheritance Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 20th percentile within LA. Charities of a similar size with the same main cause include Hays Ministries Inc ($52k), His Blessings Foundation ($52k) and Iglesia Cristiana Tiempo de Creer ($52k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 13% of the total. At year end it held assets of $72k against liabilities of $0, net assets of $72k.