Emet Ministries Inc

Analysis

Emet Ministries Inc is a registered charity in United States, based in Evansville, IN. 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 December 2023, Emet Ministries Inc reported income of $155k and spending of $30k, leaving 81% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $85k to $155k (+82%), an average of +82% a year. The sharpest change came in the year to December 2023, when income rose by 82%. Over the whole period it spent 14% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Emet Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Islamic Center of Weston ($155k), Theosophical Endowment Corporation ($155k) and Eric Horner Ministries Inc ($155k).

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 $195k against liabilities of $0, net assets of $195k.