Equip Ministries International

Analysis

Equip Ministries International is a registered charity in United States, based in Green, OH. It received its IRS tax-exemption ruling in April 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, Equip Ministries International reported income of $419k and spending of $357k, spending 85% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $215k to $419k (+94%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 45%. Over the whole period it spent 87% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Equip Ministries International sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within OH. Charities of a similar size with the same main cause include Soul Winners India Ministries ($419k), Acts 238 Ministries ($419k) and Hands That Touch Inc ($419k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $89k (25% of expenses). At year end it held assets of $350k against liabilities of $12k, net assets of $338k. It reported 2 employees.