Passion & Fire Ministries Inc

Analysis

Passion & Fire Ministries Inc is a registered charity in United States, based in Redingtn Shor, FL. It received its IRS tax-exemption ruling in July 2004, 22 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Passion & Fire Ministries Inc reported income of $1.1m and spending of $999k, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.3m to $1.1m (-13%), an average of -3.4% a year. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Passion & Fire Ministries Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 83rd percentile within FL. Charities of a similar size with the same main cause include Gingham Giraffe Preschool Inc ($1.1m), Chicago Jobs Council ($1.1m) and Citizens Against Spouse Abuse Incorporated ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 65% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $236k (24% of expenses). At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m. It reported 2 employees.