3r Ministries Inc

Analysis

3r Ministries Inc is a registered charity in United States, based in Thomasville, GA. It received its IRS tax-exemption ruling in September 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2022, 3r Ministries Inc reported income of $105k and spending of $121k, spending 116% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $226k to $105k (-54%), an average of -54% a year. The sharpest change came in the year to December 2022, when income dropped by 54%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, 3r Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within GA. Charities of a similar size with the same main cause include International Center for Global Communications Foundation Inc ($105k), Coca Leverage Lender Inc ($105k) and Mrasna Inc ($105k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 36% and program service revenue 64% of the total. At year end it held assets of $90k against liabilities of $15k, net assets of $75k.