Evangelium Institute Inc

Analysis

Evangelium Institute Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in February 2020, 6 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, Evangelium Institute Inc reported income of $323k and spending of $530k, spending 164% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $270k to $323k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2022, when income rose by 51%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Evangelium Institute Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within NE. Charities of a similar size with the same main cause include Catholic Servant Ministries Inc ($323k), Inner City Christian Ministries ($324k) and Lightshine International Ministries ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $195k (37% of expenses). Other salaries and wages came to $155k. At year end it held assets of $188k against liabilities of $3,242, net assets of $185k. It reported 6 employees.