Iwork4him Ministries Inc

Analysis

Iwork4him Ministries Inc is a registered charity in United States, based in Davenport, FL. It received its IRS tax-exemption ruling in November 2017, 9 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, Iwork4him Ministries Inc reported income of $151k and spending of $139k, spending 92% of its income. Across the 3 years on record, from December 2020 to December 2023, income fell from $251k to $151k (-40%), an average of -22% a year. The sharpest change came in the year to December 2022, when income dropped by 39%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Iwork4him Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 51st percentile within FL. Charities of a similar size with the same main cause include Willamina Christian Church ($151k), Yam Hatalmud of Florida Inc ($151k) and St Johns Easton TR 1519158936 ($151k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $41k against liabilities of $485, net assets of $40k.