Planted Ministries Inc

Analysis

Planted Ministries Inc is a registered charity in United States, based in Wellsboro, PA. It received its IRS tax-exemption ruling in April 2021, 5 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, Planted Ministries Inc reported income of $223k and spending of $189k, spending 85% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $175k to $223k (+27%), an average of +27% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Planted Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within PA. Charities of a similar size with the same main cause include United Adoration Inc ($223k), Shadetree Christian Counseling Inc ($223k) and Christ Apostolic Church Power House Help the Needy ($223k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 39% of the total. Compensation of current officers, directors and key employees was $41k (22% of expenses). Other salaries and wages came to $25k. At year end it held assets of $153k against liabilities of $3,764, net assets of $149k. It reported 4 employees.