United Ministry to the Port of Galveston Inc

Analysis

United Ministry to the Port of Galveston Inc is a registered charity in United States, based in Galveston, TX. It received its IRS tax-exemption ruling in February 1974, 52 years ago. 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, United Ministry to the Port of Galveston Inc reported income of $241k and spending of $216k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $112k to $241k (+114%), an average of +21% a year. The sharpest change came in the year to December 2023, when income rose by 46%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, United Ministry to the Port of Galveston Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Volunteers of America Inc ($241k), Young County Olney Senior Cub Center Incorporated ($241k) and Hospice and Palliative Care Network of Maryland Inc ($241k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.1% of the total. Other salaries and wages came to $78k. At year end it held assets of $270k against liabilities of $124, net assets of $270k. It reported 3 employees.