Fishbone Ministries Inc

Analysis

Fishbone Ministries Inc is a registered charity in United States, based in Butler, PA. It received its IRS tax-exemption ruling in March 2018, 8 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Fishbone Ministries Inc reported income of $95k and spending of $109k, spending 115% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $120k to $95k (-21%), an average of -21% a year. The sharpest change came in the year to June 2024, when income dropped by 21%. Over the whole period it spent 114% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fishbone Ministries Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within PA. Charities of a similar size with the same main cause include Joanna House II Inc ($95k), Center for the Advancement of Rural Living ($95k) and Arc of Bartholomew County Inc ($95k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $145k against liabilities of $0, net assets of $145k.