Equip Ministries Inc
Analysis
Equip Ministries Inc is a registered charity in United States, based in Livingston, AL. It received its IRS tax-exemption ruling in March 2019, 7 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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, Equip Ministries Inc reported income of $111k and spending of $115k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $105k to $111k (+5.3%), an average of +5.3% a year. Over the whole period it spent 105% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Equip Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AL. Charities of a similar size with the same main cause include Memorial Health Foundation ($111k), Brielle First Aid Squad Inc ($111k) and Rogue Valley Recovery Homes ($111k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 10% of the total. At year end it held assets of $22k against liabilities of $2,066, net assets of $20k.
Income and spending
Where the income comes from
- Contributions & grants 90%
- Program services 10%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Memorial Health Foundation | Abilene | $111k |
| Brielle First Aid Squad Inc | Brielle | $111k |
| Rogue Valley Recovery Homes | Central Point | $111k |
| Rejuve-Nations Outpatients Facility Inc | San Diego | $111k |