Ed Funderburk Ministries

Analysis

Ed Funderburk Ministries is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in February 2019, 7 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, Ed Funderburk Ministries reported income of $477k and spending of $190k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $341k to $477k (+40%), an average of +8.7% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 58% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ed Funderburk Ministries sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within TX. Charities of a similar size with the same main cause include Friends of Seminario Rabinico Latinoamericano Inc ($477k), Yellowstone Bible Encampment ($477k) and 4tucson Inc ($477k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% of the total. Compensation of current officers, directors and key employees was $108k (57% of expenses). At year end it held assets of $857k against liabilities of $0, net assets of $857k. It reported 1 employees.