Giving Ministries Inc

Analysis

Giving Ministries Inc is a registered charity in United States, based in Apple Valley, MN. It received its IRS tax-exemption ruling in February 2016, 10 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, Giving Ministries Inc reported income of $54k and spending of $52k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $54k to $54k (-0.2%), an average of -0.2% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Giving Ministries Inc sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 17th percentile within MN. Charities of a similar size with the same main cause include Vine of Grace Retreat Ministry Inc ($54k), The Ten Thousand Buddhas Summit Monastery ($54k) and Taipei International Church Corporation ($54k).

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 $4,072 against liabilities of $0, net assets of $4,072.