Wayne Drain Ministries Inc

Analysis

Wayne Drain Ministries Inc is a registered charity in United States, based in Russellville, AR. It received its IRS tax-exemption ruling in June 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, Wayne Drain Ministries Inc reported income of $58k and spending of $51k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $58k (+9.2%), an average of +9.2% a year. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Wayne Drain Ministries Inc sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 21st percentile within AR. Charities of a similar size with the same main cause include Roger Mullins Evangelistic Association Inc ($58k), Barry Felis Ministries Inc ($58k) and Seeking Evangelistic Association Ministries Inc ($58k).

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 $66k against liabilities of $0, net assets of $66k.