FRG Ministry International Inc
Analysis
FRG Ministry International Inc is a registered charity in United States, based in Australia. It received its IRS tax-exemption ruling in July 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 June 2023, FRG Ministry International Inc reported income of $209k and spending of $107k, leaving 49% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income fell from $259k to $209k (-19%), an average of -10% a year. The sharpest change came in the year to June 2022, when income dropped by 39%. Over the whole period it spent 67% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, FRG Ministry International Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile. Charities of a similar size with the same main cause include New Creation Communities ($209k), Sanad Trust Foundation Inc ($209k) and Nurmay Missions Inc ($209k).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 70% and program service revenue 30% of the total. Compensation of current officers, directors and key employees was $4,600 (4.3% of expenses). At year end it held assets of $274k against liabilities of $0, net assets of $274k.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 30%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| New Creation Communities | Chula Vista | $209k |
| Sanad Trust Foundation Inc | Miami | $209k |
| Nurmay Missions Inc | Fort Mill | $209k |
| Cornell Ministries Inc | Murfreesboro | $209k |