Proverbs 31 20 Ministries

Analysis

Proverbs 31 20 Ministries is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in June 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Proverbs 31 20 Ministries reported income of $72k and spending of $65k, spending 90% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $43k to $72k (+68%), an average of +68% a year. The sharpest change came in the year to December 2023, when income rose by 68%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Proverbs 31 20 Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 28th percentile within LA. Charities of a similar size with the same main cause include Spinx Teammate Assistance Fund ($72k), Williamsburg Symphony Orchestra League ($72k) and The Central Club ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,006 against liabilities of $0, net assets of $2,006.