Engage 360 Ministries Inc

Analysis

Engage 360 Ministries Inc is a registered charity in United States, based in Waxhaw, NC. It received its IRS tax-exemption ruling in March 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, Engage 360 Ministries Inc reported income of $179k and spending of $194k, spending 108% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $183k to $179k (-2.2%), an average of -1.1% a year. The sharpest change came in the year to December 2022, when income rose by 33%. 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, Engage 360 Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Center for Religion and Advanced Spiritual Studies Inc ($179k), Holy Ground Explorations Inc ($179k) and Chau Son Foundation ($179k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.5% of the total. Compensation of current officers, directors and key employees was $57k (30% of expenses). Other salaries and wages came to $77k. At year end it held assets of $40k against liabilities of $14k, net assets of $25k. It reported 4 employees.