Starfish Orphan Ministry Inc

Analysis

Starfish Orphan Ministry Inc is a registered charity in United States, based in Paducah, KY. It received its IRS tax-exemption ruling in May 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Starfish Orphan Ministry Inc reported income of $399k and spending of $435k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $316k to $399k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2020, when income rose by 56%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Starfish Orphan Ministry Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within KY. Charities of a similar size with the same main cause include Sharon Studer Inc ($399k), Project Self-Sufficiency ($399k) and Givejoy Foundation ($399k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $475k against liabilities of $105k, net assets of $371k.