Uttermost Ministries Inc

Analysis

Uttermost Ministries Inc is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in September 2008, 18 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, Uttermost Ministries Inc reported income of $121k and spending of $136k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $138k to $121k (-12%), an average of -3.3% a year. The sharpest change came in the year to December 2021, when income rose by 42%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Uttermost Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include Van Phuoc Buddhist Meditation Center ($121k), Iglesia Pentecostal Maranatha Inc ($121k) and Battlezone Ministries Inc ($121k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $268k against liabilities of $0, net assets of $268k.