Pew Ministries Inc

Analysis

Pew Ministries Inc is a registered charity in United States, based in Memphis, TN. 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Pew Ministries Inc reported income of $191k and spending of $176k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $178k to $191k (+7.5%), an average of +7.5% a year. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Pew Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within TN. Charities of a similar size with the same main cause include Iglesia Maranatha Inc ($191k), Ariel-A Ministry of Proclamation ($191k) and Brazilian Christian Church ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 42% and program service revenue 25% of the total. At year end it held assets of $149k against liabilities of $726, net assets of $148k.