Interest Ministries

Organization Overview

Interest Ministries is located in South Barrington, IL. The organization was established in 1955. According to its NTEE Classification (X21) the organization is classified as: Protestant, under the broad grouping of Religion-Related and related organizations. As of 06/2022, Interest Ministries employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Interest Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Interest Ministries generated $2.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 25.9% each year . All expenses for the organization totaled $1.8m during the year ending 06/2022. While expenses have increased by 16.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Interest Ministries has awarded 188 individual grants totaling $3,762,835. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO EQUIP AND ENCOURAGE THOSE WHO SERVE GOD IN DIFFICULT PLACES AMONG THE POOR, MARGINALIZED AND SPIRITUALLY UNREACHED. WE ESPECIALLY ASSIST PROGRAMS THAT TOUCH CHILDREN, YOUTH AND THOSE WHO ARE MOST NEEDY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRANTS, TRAINING, COACHING AND NETWORKING FOR WORKERS AND PROGRAMS THAT ASSIST CHILDREN, YOUTH, AND THE MOST NEEDY IN THE CONTEXT OF POVERTY, INNER-CITIES AND AMONG THE SPIRITUALLY UNREACHED BY THE GOOD NEWS OF GOD'S KINGDOM.


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Board, Officers & Key Employees

Name (title)Compensation
Debbie Bates
Asst. Treasurer
$40,910
Mark Dyer
President
$12,400
Terry Williams
Treasurer
$1,483
Craig Glass
Chair & Secretary
$0
Jeanne Ley
Vice-President
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,407,032
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,407,032
Total Program Service Revenue$7,958
Investment income $31,035
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,446,025

Grants Awarded

Over the last fiscal year, Interest Ministries has awarded $429,750 in support to 24 organizations.

Grant RecipientAmount

HARVEST COMPASSION CENTER

Org PageRecipient Profile

Gilbert, AZ

PURPOSE: General Support

$40,000

BRIGHT HOPE INTERNATIONAL

Org PageRecipient Profile

South Barrington, IL

PURPOSE: General Support

$40,000

ARIZONA HOUSING INC

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: General Support

$25,000

FIRST PLACE PHOENIX

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: General Support

$25,000

CENTRAL ARIZONA SHELTER SERVICES

Org PageRecipient Profile

Phoenix, AZ

PURPOSE: General Support

$25,000

Phoenix, AZ

PURPOSE: General Support

$20,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 6 grants that Interest Ministries has recieved totaling $1,104,807.

Awarding OrganizationAmount
University Of The Nations Kona Inc

Kailuakona, HI

PURPOSE: CHRISTIAN MINISTRY

$554,306
James Arthur Rae Charitable Trust

Phoenix, AZ

PURPOSE: PROGRAM SUPPORT

$515,000
Gwenn And Scott Stevenson Foundation Inc

Delray Beach, FL

PURPOSE: GENERAL SUPPORT FOR ITS CHARITABLE PROGRAMS

$20,000
James Arthur Rae Charitable Trust

Phoenix, AZ

PURPOSE: PROGRAM SUPPORT

$5,371
Impact Indonesia

Fayetteville, GA

PURPOSE: CHARITY

$5,130
1 17 Foundation

Chicago, IL

PURPOSE: DONATION - AFGHAN RELIEF

$5,000
View Grant Recipient Profile

Peer Organizations

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