Shemma Ministries Inc

Analysis

Shemma Ministries Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in January 2007, 19 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, Shemma Ministries Inc reported income of $91k and spending of $118k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $115k to $91k (-21%), an average of -21% a year. The sharpest change came in the year to December 2023, when income dropped by 21%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shemma Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 38th percentile within FL. Charities of a similar size with the same main cause include Hosanna Casa de Alabanza Internacional Inc ($91k), David S Tent International ($91k) and Ferncliff Summer Camp Inc ($91k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 10.0% of the total. At year end it held assets of $878 against liabilities of $0, net assets of $878.