Sherry White Ministries Inc

Analysis

Sherry White Ministries Inc is a registered charity in United States, based in Wauchula, FL. It received its IRS tax-exemption ruling in July 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 (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, Sherry White Ministries Inc reported income of $269k and spending of $265k, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $284k to $269k (-5.2%), an average of -1.3% a year. The sharpest change came in the year to December 2023, when income rose by 51%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sherry White Ministries Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 63rd percentile within FL. Charities of a similar size with the same main cause include Steadfast Family Farm Inc ($269k), Guru Tegh Bahadur Ji Foundation ($269k) and Exago Ministries Inc ($269k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $16k (5.9% of expenses). Other salaries and wages came to $36k. At year end it held assets of $225k against liabilities of $14k, net assets of $211k. It reported 14 employees.