Straight Ahead Ministries Inc

Analysis

Straight Ahead Ministries Inc is a registered charity in United States, based in Worcester, MA. It received its IRS tax-exemption ruling in May 1991, 35 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 March 2024, Straight Ahead Ministries Inc reported income of $3.1m and spending of $2.7m, spending 89% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $1.3m to $3.1m (+144%), an average of +25% a year. The sharpest change came in the year to March 2021, when income rose by 104%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Straight Ahead Ministries Inc 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 89th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include 84000 ($3.1m), The Hasten Hebrew Academy of Indianapolis Inc ($3.1m) and Trybal Gatherings Inc ($3.0m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $224k (8.1% of expenses). Other salaries and wages came to $1.6m. At year end it held assets of $4.4m against liabilities of $69k, net assets of $4.3m. It reported 38 employees.