Watermelon Ministries

Analysis

Watermelon Ministries is a registered charity in United States, based in Smyrna, TN. It received its IRS tax-exemption ruling in December 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, Watermelon Ministries reported income of $59k and spending of $75k, spending 128% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $89k to $59k (-33%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Watermelon Ministries sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 22nd percentile within TN. Charities of a similar size with the same main cause include Center for Proto Buddhism Studies of Georgia Inc ($59k), David Weeter Ministries ($59k) and Iglesia Cristiana Comunidad de Gracia ($59k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $85k against liabilities of $574, net assets of $85k.