Unleashed Ministries

Analysis

Unleashed Ministries is a registered charity in United States, based in Oceanside, CA. It received its IRS tax-exemption ruling in December 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 December 2023, Unleashed Ministries reported income of $200k and spending of $208k, spending 104% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $128k to $200k (+57%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 44%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Unleashed Ministries sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 56th percentile within CA. Charities of a similar size with the same main cause include Herald of Faith Incorporated ($200k), Iglesia Pentecostal Casa de Oracion ($200k) and His Heart Missions Fellowship ($200k).

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 $8,231 against liabilities of $0, net assets of $8,231.