Mark 12 Ministries Inc

Analysis

Mark 12 Ministries Inc is a registered charity in United States, based in Shepherdsvlle, KY. It received its IRS tax-exemption ruling in June 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, Mark 12 Ministries Inc reported income of $349k and spending of $277k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2021 to December 2023, income grew from $69k to $349k (+406%), an average of +406% a year. The sharpest change came in the year to December 2023, when income rose by 406%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mark 12 Ministries Inc sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 65th percentile within KY. Charities of a similar size with the same main cause include Seattle Tamil Assembly ($349k), Eidos Christian Center ($349k) and Relevance ($349k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 60% of the total. Compensation of current officers, directors and key employees was $74k (27% of expenses). Other salaries and wages came to $109k. At year end it held assets of $75k against liabilities of $9,215, net assets of $66k. It reported 28 employees.