New Albany Deanery Ministries Inc

Analysis

New Albany Deanery Ministries Inc is a registered charity in United States, based in Mt St Francis, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2024, New Albany Deanery Ministries Inc reported income of $488k and spending of $406k, spending 83% of its income. Across the 4 years on record, from June 2021 to June 2024, income grew from $301k to $488k (+62%), an average of +17% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, New Albany Deanery 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 70th percentile, and in the 70th percentile within IN. Charities of a similar size with the same main cause include Gulf Winds Track Club Inc ($488k), Center for the Study of Political Graphics ($488k) and Pennsbury Society ($488k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 52% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $57k (14% of expenses). Other salaries and wages came to $66k. At year end it held assets of $192k against liabilities of $47k, net assets of $145k. It reported 4 employees.