Ignited Ministries Inc

Analysis

Ignited Ministries Inc is a registered charity in United States, based in Boiling Springs, SC. It received its IRS tax-exemption ruling in August 2018, 8 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, Ignited Ministries Inc reported income of $74k and spending of $147k, spending 199% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $77k to $74k (-4.1%), an average of -4.1% a year. Over the whole period it spent 149% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ignited Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 35th percentile within SC. Charities of a similar size with the same main cause include Saint Ioasaf of Belgorod Land Russian Orthodox Church Inc ($74k), The Rock Outreach Inc ($74k) and Redeemer Endowment Fund ($74k).

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 $357k against liabilities of $0, net assets of $357k.