Sons of Encouragement Ministries Inc

Analysis

Sons of Encouragement Ministries Inc is a registered charity in United States, based in Gillsville, GA. It received its IRS tax-exemption ruling in March 2009, 17 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, Sons of Encouragement Ministries Inc reported income of $53k and spending of $72k, spending 137% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $62k to $53k (-15%), an average of -15% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sons of Encouragement 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 21st percentile, and in the 21st percentile within GA. Charities of a similar size with the same main cause include Christian Scholars Review ($53k), Camp Timberledge Inc ($53k) and Eriprayer Inc ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $0, net assets of $21k.