Fully Known Ministries

Analysis

Fully Known Ministries is a registered charity in United States, based in Manning, IA. It received its IRS tax-exemption ruling in January 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Fully Known Ministries reported income of $108k and spending of $103k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $108k (+70%), an average of +70% a year. The sharpest change came in the year to December 2023, when income rose by 70%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fully Known Ministries sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within IA. Charities of a similar size with the same main cause include Caribbean Outreach Inc a Domestic ($108k), A2 Ministries ($108k) and Kairos International Ministry Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $43k against liabilities of $0, net assets of $43k.