Good Steward Ministries Inc

Analysis

Good Steward Ministries Inc is a registered charity in United States, based in Marshville, NC. It received its IRS tax-exemption ruling in January 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Good Steward Ministries Inc reported income of $1.1m and spending of $1.1m, spending 99% of its income. Across the 6 years on record, from June 2018 to June 2023, income grew from $391k to $1.1m (+188%), an average of +24% a year. The sharpest change came in the year to June 2020, when income rose by 64%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Good Steward Ministries Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Fishhook International Inc ($1.1m), Friends of Casa Bernabe ($1.1m) and Human Family Educational and Cultural Institute ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $405k. At year end it held assets of $844k against liabilities of $171k, net assets of $673k. It reported 34 employees.