Sylvia Collins Ministries

Analysis

Sylvia Collins Ministries is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in May 2012, 14 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Sylvia Collins Ministries reported income of $273k and spending of $237k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $196k to $273k (+40%), an average of +40% a year. The sharpest change came in the year to December 2023, when income rose by 40%. Over the whole period it spent 91% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sylvia Collins Ministries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 61st percentile within AL. Charities of a similar size with the same main cause include Washington Co Agricultural Education Ctr ($273k), National Association of Plant Breeders Inc ($273k) and Mesilla Valley Hospice Foundation Inc ($273k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 37% and program service revenue 63% of the total. Other salaries and wages came to $91k. At year end it held assets of $273k against liabilities of $232k, net assets of $42k.