The Porch Ministries Inc
Analysis
The Porch Ministries Inc is a registered charity in United States, based in Corryton, TN. It received its IRS tax-exemption ruling in November 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, The Porch Ministries Inc reported income of $246k and spending of $47k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $113k to $246k (+118%), an average of +118% a year. The sharpest change came in the year to December 2023, when income rose by 118%. Over the whole period it spent 22% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, The Porch Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within TN. Charities of a similar size with the same main cause include Together Ministry Center ($246k), We Are Cherished Inc ($246k) and Potters House Slavic Christian Church ($246k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $23k. At year end it held assets of $462k against liabilities of $41k, net assets of $421k. It reported 1 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Together Ministry Center | Olive Branch | $246k |
| We Are Cherished Inc | Southlake | $246k |
| Potters House Slavic Christian Church | Antelope | $246k |
| Friends of or Chaya Inc | Chicago | $246k |