Abc Ministries

Analysis

Abc Ministries is a registered charity in United States, based in Meridian, ID. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abc Ministries reported income of $376k and spending of $376k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $580k to $376k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 62% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abc Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 70th percentile within ID. Charities of a similar size with the same main cause include Camp David International Inc ($375k), Cornerstone Marriage & Family Life Ministries ($376k) and Centro Biblico Casa de Restauracion Inc ($375k).

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 $1.1m against liabilities of $324k, net assets of $791k.