Colossians 418 Prison Ministries

Analysis

Colossians 418 Prison Ministries is a registered charity in United States, based in Gould, AR. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Colossians 418 Prison Ministries reported income of $187k and spending of $28k, leaving 85% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $170k to $187k (+9.9%), an average of +9.9% a year. Over the whole period it spent 9.2% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Colossians 418 Prison Ministries sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 53rd percentile within AR. Charities of a similar size with the same main cause include Original Terlingua International Frank X Tolbert Memorial Champions ($187k), Guilderland Food Pantry Inc ($187k) and Steel City Arts Foundation ($187k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $325k against liabilities of $0, net assets of $325k.