Preparing for Amazement Ministries Inc

Analysis

Preparing for Amazement Ministries Inc is a registered charity in United States, based in Garrett, IN. It received its IRS tax-exemption ruling in September 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, Preparing for Amazement Ministries Inc reported income of $100k and spending of $253k, spending 253% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $53k to $100k (+90%), an average of +90% a year. The sharpest change came in the year to December 2023, when income rose by 90%. Over the whole period it spent 322% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Preparing for Amazement Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 34th percentile within IN. Charities of a similar size with the same main cause include Media in Ministry Association ($100k), The Temple of Faith MB Church ($100k) and Masoret Institute of Judaic Studies Inc ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. At year end it held assets of $11k against liabilities of $438k, net assets of -$427k.