Nik Walker Ministries Inc

Analysis

Nik Walker Ministries Inc is a registered charity in United States, based in Cleveland, TN. It received its IRS tax-exemption ruling in March 2020, 6 years ago. 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, Nik Walker Ministries Inc reported income of $166k and spending of $171k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $197k to $166k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. 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, Nik Walker Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within TN. Charities of a similar size with the same main cause include Madison Booster Club Incorporated ($166k), Southeastern Archeological Conference ($166k) and Ptsa Connecticut Inc ($166k).

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 $78k against liabilities of $0, net assets of $78k.