Acumen Ministries Inc

Analysis

Acumen Ministries Inc is a registered charity in United States, based in Pinecrest, FL. It received its IRS tax-exemption ruling in October 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, Acumen Ministries Inc reported income of $58k and spending of $97k, spending 167% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $78k to $58k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Acumen 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 26th percentile within FL. Charities of a similar size with the same main cause include Bridge Ministries International Inc ($58k), Institute for Christian Leaders ($58k) and 21 Century World Mission Center ($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 $117k against liabilities of $0, net assets of $117k.