68 Ministries Inc
68 Ministries Inc shows consistent revenue growth and strong asset accumulation with no reported officer compensation.
EIN: 208800123 · Saint Johns, FL · NTEE: P20 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $1.1M |
| Total Expenses | $929K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $1 |
| Net Assets | $971K |
| Transparency Score | 90/100 |
Is 68 Ministries Inc Legit?
Some Concerns
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
68 Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 68 Ministries Inc
68 Ministries Inc (EIN: 208800123) is a nonprofit organization based in Saint Johns, FL, classified under NTEE code P20. The organization reported total revenue of $1.1M and total assets of $966K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 68 Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
68 Ministries Inc is a mid-size nonprofit that has been operating for 19 years, with 12 years of IRS 990 filings on record (2011–2023). Revenue has grown at a compound annual rate of 4.2%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $1.1M |
| Total Expenses | $929K |
| Surplus / Deficit | +$154K |
| Total Assets | $971K |
| Net Assets | $971K |
| Operating Margin | 14.2% |
| Months of Reserves | 12.5 months |
Financial Health Grade: A
In 2023, 68 Ministries Inc reported a surplus of $154K with revenue exceeding expenses, holds 12.5 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2011–2023), 68 Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 4.2%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +57.3% | +33.1% | +18.8% |
| 2022 | +15.6% | +26.6% | -1.4% |
| 2021 | +5.9% | +33.4% | +3.2% |
| 2020 | +8.5% | -18.3% | +20.7% |
| 2019 | +13.4% | +9.8% | -1.1% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2007 |
Classification data from ProPublica Nonprofit Explorer. Additional BMF data may be available after enrichment.
AI Transparency Report
Mission Effectiveness Score
NonprofitSpending's AI analysis rates 68 Ministries Inc with a Mission Score of 90 out of 100 (Excellent). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.
Spending Breakdown
- admin: 5%
- programs: 90%
- fundraising: 5%
According to IRS 990 filings, 68 Ministries Inc allocates its expenses as follows: admin: 5%, programs: 90%, fundraising: 5%. With 90% directed toward programs, this reflects a strong commitment to its charitable mission.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
- The organization reported a surplus of $154K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is reported as 0% across all available filings, indicating that the organization's leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly unusual for an organization with over $1 million in annual revenue.
Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.
Red Flags
The following concerns were identified during AI analysis of 68 Ministries Inc's IRS 990 filings:
- Lack of detailed expense breakdown (program, admin, fundraising) in provided data
- Unusually low liabilities (e.g., negative liabilities in 2022 and 2023) may indicate data entry anomalies or specific accounting practices that need clarification.
Strengths
The following positive indicators were identified for 68 Ministries Inc:
- Consistent revenue growth over a decade (from $642,021 in 2014 to $1,082,461 in 2023)
- Strong asset accumulation and positive net assets ($970,931 in 2023)
- 0% reported officer compensation across all filings, suggesting high efficiency in directing funds to mission
- Consistent operational surpluses (e.g., $153,698 surplus in 2023)
- Low liabilities, indicating strong financial solvency
Frequently Asked Questions about 68 Ministries Inc
Is 68 Ministries Inc a legitimate charity?
68 Ministries Inc (EIN: 208800123) is a registered tax-exempt nonprofit based in Florida. Our AI analysis gives it a Mission Score of 90/100. It has 12 years of IRS 990 filings on record. Total revenue: $1.1M. 2 red flags identified. 5 strengths noted. Financial health grade: A.
How does 68 Ministries Inc spend its money?
68 Ministries Inc directs 90% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.
Are donations to 68 Ministries Inc tax-deductible?
68 Ministries Inc is registered as a tax-exempt nonprofit (EIN: 208800123). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 68 Ministries Inc CEO make?
68 Ministries Inc's highest-compensated officer earns $1 annually. The organization reported $1.1M in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 68 Ministries Inc's spending goes to programs?
68 Ministries Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 68 Ministries Inc compare to similar nonprofits?
With a transparency score of 90/100 (Excellent), 68 Ministries Inc is above average for NTEE category P20 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 68 Ministries Inc located?
68 Ministries Inc is headquartered in Saint Johns, Florida and files with the IRS under EIN 208800123. It is classified under NTEE code P20.
How many years of IRS 990 filings does 68 Ministries Inc have?
68 Ministries Inc has 12 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends. The most recent filing shows $1.1M in total revenue.
Is 68 Ministries Inc a good charity?
Based on the provided financial data, 68 Ministries Inc appears to be a financially healthy and efficient organization. It demonstrates consistent revenue growth, maintains a positive net asset position, and reports 0% officer compensation, suggesting a strong focus on its mission.
How has 68 Ministries Inc's financial health changed over time?
68 Ministries Inc has shown significant financial growth and stability. Revenue increased from $642,021 in 2014 to $1,082,461 in 2023, and assets grew from $554,150 to $970,931 over the same period, indicating robust financial health and expansion.
What is the significance of 0% officer compensation?
0% officer compensation is highly significant as it implies that the organization's top leadership is not drawing a salary from the charity. This can mean more funds are available for program services, but it also warrants further inquiry into how leadership is sustained or compensated if not directly by the organization.
Filing History
IRS 990 filing history for 68 Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2011–2023), 68 Ministries Inc's revenue has grown by 63.8%, moving from $661K to $1.1M. Total assets increased by 360.2% over the same period, from $211K to $971K. Total functional expenses rose by 54%, from $603K to $929K. In its most recent filing year (2023), 68 Ministries Inc reported a surplus of $154K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $1.1M | $929K | $971K | $-483 | — | View 990 |
| 2022 | $688K | $698K | $817K | $-157 | — | View 990 |
| 2021 | $595K | $551K | $829K | $2K | — | — |
| 2020 | $562K | $413K | $803K | $19K | — | — |
| 2019 | $518K | $506K | $665K | $30K | — | View 990 |
| 2018 | $457K | $461K | $672K | $49K | — | View 990 |
| 2017 | $497K | $484K | $671K | $43K | — | View 990 |
| 2016 | $507K | $420K | $669K | $54K | — | View 990 |
| 2015 | $491K | $434K | $597K | $69K | — | View 990 |
| 2014 | $642K | $512K | $554K | $84K | — | View 990 |
| 2013 | $739K | $657K | $431K | $90K | — | View 990 |
| 2011 | $661K | $603K | $211K | $0 | — | View 990 |
Year-by-Year Financial Summary
- 2023: Revenue of $1.1M, expenses of $929K, and assets of $971K (revenue +57.3% year-over-year).
- 2022: Revenue of $688K, expenses of $698K, and assets of $817K (revenue +15.6% year-over-year).
- 2021: Revenue of $595K, expenses of $551K, and assets of $829K (revenue +5.9% year-over-year).
- 2020: Revenue of $562K, expenses of $413K, and assets of $803K (revenue +8.5% year-over-year).
- 2019: Revenue of $518K, expenses of $506K, and assets of $665K (revenue +13.4% year-over-year).
- 2018: Revenue of $457K, expenses of $461K, and assets of $672K (revenue -8.1% year-over-year).
- 2017: Revenue of $497K, expenses of $484K, and assets of $671K (revenue -2.1% year-over-year).
- 2016: Revenue of $507K, expenses of $420K, and assets of $669K (revenue +3.3% year-over-year).
- 2015: Revenue of $491K, expenses of $434K, and assets of $597K (revenue -23.5% year-over-year).
- 2014: Revenue of $642K, expenses of $512K, and assets of $554K (revenue -13.2% year-over-year).
- 2013: Revenue of $739K, expenses of $657K, and assets of $431K (revenue +11.9% year-over-year).
- 2011: Revenue of $661K, expenses of $603K, and assets of $211K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 68 Ministries Inc:
Data Sources and Methodology
This transparency report for 68 Ministries Inc is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.
IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.
Disclaimer
AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.