Fix Ministry Inc

Analysis

Fix Ministry Inc is a registered charity in United States, based in King William, VA. It received its IRS tax-exemption ruling in May 2019, 7 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Fix Ministry Inc reported income of $998k and spending of $900k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $998k (+316%), an average of +43% a year. The sharpest change came in the year to December 2021, when income rose by 159%. Over the whole period it spent 79% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Fix Ministry Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 80th percentile within VA. Charities of a similar size with the same main cause include One Community One Family Inc ($998k), California Farm Water Coalition ($998k) and Spiedie Fest Balloon Rally Expo Inc ($998k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. Compensation of current officers, directors and key employees was $58k (6.4% of expenses). Other salaries and wages came to $129k. At year end it held assets of $737k against liabilities of $1,527, net assets of $736k. It reported 14 employees.