Incarnation Ministries Corp

Analysis

Incarnation Ministries Corp is a registered charity in United States, based in Middletown, DE. It received its IRS tax-exemption ruling in April 2022, 4 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 April 2024, Incarnation Ministries Corp reported income of $136k and spending of $160k, spending 118% of what it took in. Across the 2 years on record, from April 2023 to April 2024, income grew from $114k to $136k (+19%), an average of +19% a year. The sharpest change came in the year to April 2024, when income rose by 19%. Over the whole period it spent 131% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Incarnation Ministries Corp sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 39th percentile within DE. Charities of a similar size with the same main cause include Discipling Men Inc ($136k), Reflections for Women Inc ($136k) and Higher Power Church Ministry ($135k).

On its Form 990-EZ for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $99k, net assets of -$78k.