721 Ministries Inc
721 Ministries Inc shows consistent revenue growth and zero officer compensation over multiple years.
EIN: 200738752 · Columbia, SC · NTEE: X03 · Updated: 2026-03-28
| Metric | Value |
|---|---|
| Total Revenue | $360K |
| Total Expenses | $353K |
| Program Spending | 90% |
| CEO/Top Officer Pay | $350,000. |
| Net Assets | $226K |
| Transparency Score | 92/100 |
Is 721 Ministries Inc Legit?
Appears Legitimate
Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →
721 Ministries Inc directs 90% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.
About 721 Ministries Inc
721 Ministries Inc (EIN: 200738752) is a nonprofit organization based in Columbia, SC, classified under NTEE code X03. The organization reported total revenue of $360K and total assets of $223K according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of 721 Ministries Inc's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.
Organization Overview
721 Ministries Inc is a small nonprofit that has been operating for 22 years, with 12 years of IRS 990 filings on record (2010–2023). Revenue has grown at a compound annual rate of 7.3%.
Key Financial Metrics (2023)
From the most recent IRS 990 filing on record:
| Total Revenue | $372K |
| Total Expenses | $353K |
| Surplus / Deficit | +$19K |
| Total Assets | $226K |
| Net Assets | $226K |
| Operating Margin | 5.0% |
| Months of Reserves | 7.7 months |
Financial Health Grade: A
In 2023, 721 Ministries Inc reported a surplus of $19K with revenue exceeding expenses, holds 7.7 months of operating reserves (strong position).
Financial Trends
Over 12 years of filings (2010–2023), 721 Ministries Inc's revenue has grown at a compound annual growth rate (CAGR) of 7.3%.
| Year | Revenue Change | Expense Change | Asset Change |
|---|---|---|---|
| 2023 | +0.2% | +1.9% | +10.2% |
| 2022 | +13.9% | +12.4% | +10.5% |
| 2021 | +11.5% | +2.8% | +20.7% |
| 2020 | +0.8% | +5.4% | +6.6% |
| 2019 | +11.1% | +9.6% | +3.8% |
IRS Tax-Exempt Classification
| IRS Classification Codes | 1000 |
| IRS Ruling Date | 2004 |
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 721 Ministries Inc with a Mission Score of 92 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, 721 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 $19K, with revenue exceeding expenses.
Executive Compensation Analysis
Executive compensation is consistently reported at 0% across all available filings, indicating that leadership is either entirely volunteer-based or compensated through non-officer roles, which is highly favorable for an organization of its size with revenue around $350,000.
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.
Strengths
The following positive indicators were identified for 721 Ministries Inc:
- Consistent revenue growth, from $194,760 in 2012 to $371,968 in 2023.
- Zero officer compensation reported across all available filings, indicating high efficiency and volunteer leadership.
- Healthy asset growth, from $51,013 in 2015 to $225,971 in 2023.
- Consistent financial surpluses in recent years (e.g., $18,674 in 2023, $24,688 in 2022).
- Minimal to no liabilities reported in recent filings, indicating strong financial health.
Frequently Asked Questions about 721 Ministries Inc
Is 721 Ministries Inc a legitimate charity?
Based on AI analysis of IRS 990 filings, 721 Ministries Inc (EIN: 200738752) appears legitimate. Mission Score: 92/100. 0 red flags identified, 5 strengths noted.
How does 721 Ministries Inc spend its money?
721 Ministries Inc directs 90% of its spending to programs and services. The remaining budget covers administration and fundraising costs.
Are donations to 721 Ministries Inc tax-deductible?
721 Ministries Inc is registered as a tax-exempt nonprofit (EIN: 200738752). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.
How much does the 721 Ministries Inc CEO make?
721 Ministries Inc's highest-compensated officer earns $350,000. annually. The organization reported $360K in total revenue. Executive compensation data is disclosed in IRS 990 filings.
What percentage of 721 Ministries Inc's spending goes to programs?
721 Ministries Inc directs 90% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.
How does 721 Ministries Inc compare to similar nonprofits?
With a transparency score of 92/100 (Excellent), 721 Ministries Inc is above average for NTEE category X03 nonprofits. The score reflects financial transparency, program spending efficiency, and governance quality based on IRS 990 data.
Where is 721 Ministries Inc located?
721 Ministries Inc is headquartered in Columbia, South Carolina and files with the IRS under EIN 200738752. It is classified under NTEE code X03.
How many years of IRS 990 filings does 721 Ministries Inc have?
721 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 $360K in total revenue.
Is 721 Ministries Inc financially stable?
Yes, 721 Ministries Inc appears financially stable, consistently generating surpluses (e.g., $18,674 in 2023) and growing its assets from $51,013 in 2015 to $225,971 in 2023.
Does 721 Ministries Inc pay its officers?
No, the IRS 990 filings consistently report 0% officer compensation, indicating that officers are not paid.
How has 721 Ministries Inc's revenue changed over time?
721 Ministries Inc has shown consistent revenue growth, increasing from $194,760 in 2012 to $371,968 in 2023.
Are there any significant liabilities for 721 Ministries Inc?
No, the organization has reported $0 liabilities in its latest filing (202312) and in most recent years, indicating a strong balance sheet.
Filing History
IRS 990 filing history for 721 Ministries Inc showing financial trends over 12 years of public records:
Over 12 years of IRS 990 filings (2010–2023), 721 Ministries Inc's revenue has grown by 151.2%, moving from $148K to $372K. Total assets increased by 148.8% over the same period, from $91K to $226K. Total functional expenses rose by 110.6%, from $168K to $353K. In its most recent filing year (2023), 721 Ministries Inc reported a surplus of $19K, with revenue exceeding expenses.
| Year | Revenue | Expenses | Assets | Liabilities | Officer Comp. % | |
|---|---|---|---|---|---|---|
| 2023 | $372K | $353K | $226K | $0 | — | — |
| 2022 | $371K | $347K | $205K | $-2,153 | — | View 990 |
| 2021 | $326K | $308K | $186K | $3K | — | View 990 |
| 2020 | $292K | $300K | $154K | $0 | — | View 990 |
| 2019 | $290K | $285K | $144K | $0 | — | — |
| 2018 | $261K | $260K | $139K | $0 | — | View 990 |
| 2017 | $244K | $221K | $138K | $0 | — | View 990 |
| 2016 | $319K | $254K | $167K | $51K | — | View 990 |
| 2015 | $216K | $261K | $51K | $560 | — | — |
| 2012 | $195K | $199K | $118K | $12K | — | View 990 |
| 2011 | $150K | $157K | $110K | $922 | — | View 990 |
| 2010 | $148K | $168K | $91K | $3K | — | — |
Year-by-Year Financial Summary
- 2023: Revenue of $372K, expenses of $353K, and assets of $226K (revenue +0.2% year-over-year).
- 2022: Revenue of $371K, expenses of $347K, and assets of $205K (revenue +13.9% year-over-year).
- 2021: Revenue of $326K, expenses of $308K, and assets of $186K (revenue +11.5% year-over-year).
- 2020: Revenue of $292K, expenses of $300K, and assets of $154K (revenue +0.8% year-over-year).
- 2019: Revenue of $290K, expenses of $285K, and assets of $144K (revenue +11.1% year-over-year).
- 2018: Revenue of $261K, expenses of $260K, and assets of $139K (revenue +7.1% year-over-year).
- 2017: Revenue of $244K, expenses of $221K, and assets of $138K (revenue -23.5% year-over-year).
- 2016: Revenue of $319K, expenses of $254K, and assets of $167K (revenue +47.4% year-over-year).
- 2015: Revenue of $216K, expenses of $261K, and assets of $51K (revenue +11.0% year-over-year).
- 2012: Revenue of $195K, expenses of $199K, and assets of $118K (revenue +29.8% year-over-year).
- 2011: Revenue of $150K, expenses of $157K, and assets of $110K (revenue +1.3% year-over-year).
- 2010: Revenue of $148K, expenses of $168K, and assets of $91K.
View Individual Filing Years
Explore detailed financial data from each IRS 990 filing year for 721 Ministries Inc:
Data Sources and Methodology
This transparency report for 721 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.