Uncharted Ministries Inc

Analysis

Uncharted Ministries Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in July 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, Uncharted Ministries Inc reported income of $3.7m and spending of $3.6m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.8m to $3.7m (+31%), an average of +7.0% a year. The sharpest change came in the year to December 2020, when income rose by 15%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Uncharted Ministries Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Stonecroft Ministries Inc ($3.7m), Sixth & I Synagogue Inc ($3.7m) and A3 ($3.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $1.3m against liabilities of $969, net assets of $1.3m. It reported 9 employees.