Eikon Ministries Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
To provide resources, role models, and a vision to empower the residents of Binghampton (a Memphis, Tennessee community)to positively impact our community, on our way to impacting the world.
- Income
- $945,221
- Spending
- $677,642
- Spent on programs
- 77%
- Reserves
- 9.3 months of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 5
- Volunteers
- 90
- Highest pay
- $86,140, ministry director
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Strong: 93 out of 100. Higher than 88% of charities in its peer group (housing, $250k to $1m).
Reserves
28 of 35Spendable reserves would cover 9.3 months of spending.
Debt
20 of 20It owes 3% of what it owns.
Living within its means
15 of 15Income exceeded spending by 28% of income.
Income trend
15 of 15Income rose 59% on the year before.
Spending floor
15 of 1577% of spending went to programs and raising each dollar of donations cost 0 cents.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 51 out of 100. Higher than 10% of charities in its peer group (housing, $250k to $1m).
Independent board
25 of 258 of 8 voting board members are independent.
Conflict of interest policy
0 of 15Reports no written conflict of interest policy.
Whistleblower policy
0 of 8Reports no written whistleblower policy.
Record keeping policy
0 of 7Reports no written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
0 of 10Did not give the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $523,453 spent. See Sch O The focus of Eikon Ministries, Inc. is evangelism and discipleship for the youth in the Binghampton area of Memphis by teaching decision making and leadership development and implementing programs the youth can participate in. Strategic programs are in place to impact participants such as Kids Across America, Nathan Street Ministries, West TN State Prison, schools, Team Eikon basketball team, bible studies, mission trips, and The Bing Dance House. Trained 6,336 individuals nationally and internationally in disciple-making. 34 students participated in VOBS summer job program, 65 students attended Club Nathan weekly, 67 families received free monthly produce, 100 Thanksgiving baskets, 25 families adopted for Christmas, 50 Christmas baskets.
Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated September 30, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated September 10, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since October 1996.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 7, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.