Out of Egypt Ministries a NJ Nonprofit Corporataion

Analysis

Out of Egypt Ministries a NJ Nonprofit Corporataion is a registered charity in United States, based in Keyport, NJ. It received its IRS tax-exemption ruling in December 2015, 11 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, Out of Egypt Ministries a NJ Nonprofit Corporataion reported income of $118k and spending of $76k, leaving 35% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $97k to $118k (+21%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 21%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Out of Egypt Ministries a NJ Nonprofit Corporataion sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 49th percentile within NJ. Charities of a similar size with the same main cause include Dream Mountain Christian Camp Inc ($118k), Heralds of Christ Tidings of Joy Inc ($118k) and Cabot Apostolic Ministries ($118k).

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 $145k against liabilities of $3,987, net assets of $141k.