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Perspective Ministries Inc

RegisteredEIN 81-1288765Woodstock, GAReligion
Income$318k2023-12
Spending$341ksame year
Spent / received93%5-year average
Size in its cause76th pctReligion
Exempt since2016Publicly supported organisat
Employees1latest return

Analysis

Perspective Ministries Inc is a registered charity in United States, based in Woodstock, GA. It received its IRS tax-exemption ruling in April 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 (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, Perspective Ministries Inc reported income of $318k and spending of $341k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $212k to $318k (+50%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 51%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Perspective Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within GA. Charities of a similar size with the same main cause include Adhiparasakthi Worship Center of New Jersey ($318k), Students in the Word ($318k) and Zarin Neville Sarkari Foundation ($317k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $74k (22% of expenses). At year end it held assets of $166k against liabilities of $2,575, net assets of $163k. It reported 1 employees.

Income and spending

$0$89k$179k$268k$357k2019 Income: $212,2022019 Spending: $175,42720192020 Income: $232,2472020 Spending: $188,46120202021 Income: $351,1012021 Spending: $238,46820212022 Income: $291,1732022 Spending: $357,06820222023 Income: $317,6592023 Spending: $341,1422023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.4%

Similar-sized charities, same cause

CharityLocationIncome
Adhiparasakthi Worship Center of New JerseyColumbus$318k
Students in the WordPawleys Isl$318k
Zarin Neville Sarkari FoundationGreenwood Village$317k
Bethesda Urban Community Development Corporation IncOmaha$318k