The Institute of Ministry Management & Leadership Inc

Analysis

The Institute of Ministry Management & Leadership Inc is a registered charity in United States, based in Niantic, CT. It received its IRS tax-exemption ruling in March 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, The Institute of Ministry Management & Leadership Inc reported income of $57k and spending of $176k, spending 311% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $259k to $57k (-78%), an average of -32% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 115% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, The Institute of Ministry Management & Leadership Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within CT. Charities of a similar size with the same main cause include Helen and Leo Richardson Charitable TR ($57k), Matching Gift ($57k) and Common Good Community Foundation ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $4,870 against liabilities of $105k, net assets of -$100k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.