Fiat Ministries Inc

Analysis

Fiat Ministries Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in February 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 (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, Fiat Ministries Inc reported income of $156k and spending of $106k, leaving 32% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $72k to $156k (+115%), an average of +115% a year. The sharpest change came in the year to December 2023, when income rose by 115%. Over the whole period it spent 80% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fiat Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 47th percentile within KS. Charities of a similar size with the same main cause include Iglesia Long Island Para Cristo Inc ($156k), Beyth Mishpachah Ministries Inc ($156k) and Iglesia Heraldos Del Rey Inc ($156k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% of the total. At year end it held assets of $146k against liabilities of $4,642, net assets of $141k.