Vapor Sports Ministries

Analysis

Vapor Sports Ministries is a registered charity in United States, based in Sylacauga, AL. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Vapor Sports Ministries reported income of $3.4m and spending of $2.5m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $3.4m (+165%), an average of +28% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vapor Sports Ministries sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within AL. Charities of a similar size with the same main cause include Tomorrow Clubs International Inc ($3.4m), Refuge of Hope Ministries ($3.4m) and Gospel Partners Media Inc ($3.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Other salaries and wages came to $755k. At year end it held assets of $4.3m against liabilities of $488k, net assets of $3.9m.