431 Ministries

Analysis

431 Ministries is a registered charity in United States, based in Columbia, TN. It received its IRS tax-exemption ruling in May 2020, 6 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 December 2023, 431 Ministries reported income of $370k and spending of $352k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $433k to $370k (-15%), an average of -15% a year. Over the whole period it spent 78% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, 431 Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 67th percentile within TN. Charities of a similar size with the same main cause include International House Philadelphia Inc ($370k), Hospice Support Foundation ($370k) and Cornucopia Project ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 68% and program service revenue 0.3% of the total. Compensation of current officers, directors and key employees was $68k (19% of expenses). Other salaries and wages came to $102k. At year end it held assets of $272k against liabilities of $0, net assets of $272k. It reported 6 employees.