Apc Ministries Inc

Analysis

Apc Ministries Inc is a registered charity in United States, based in Porter, TX. It received its IRS tax-exemption ruling in March 2019, 7 years ago. 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, Apc Ministries Inc reported income of $1.1m and spending of $1.6m, spending 150% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $485k to $1.1m (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 128%. Over the whole period it spent 66% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Apc Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Roane County Committee on Aging Inc ($1.1m), Interfaith Center of New York Inc ($1.1m) and Maps Counseling Services ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $156k (9.7% of expenses). At year end it held assets of $1.9m against liabilities of $201k, net assets of $1.7m.