Allison Durham Speer Ministries Inc

Analysis

Allison Durham Speer Ministries Inc is a registered charity in United States, based in Gravel Switch, KY. It received its IRS tax-exemption ruling in January 2006, 20 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 December 2023, Allison Durham Speer Ministries Inc reported income of $123k and spending of $107k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $123k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 77% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Allison Durham Speer Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within KY. Charities of a similar size with the same main cause include Comunidad Siervos de Cristo Vivo ($123k), Missional Living Inc ($123k) and Friends of St Colman Foundation ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 74% of the total. At year end it held assets of $406k against liabilities of $116k, net assets of $290k.