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Masters Arrow Ministries Inc

RegisteredEIN 26-0136577Amarillo, TXReligion
Income$216k2023-12
Spending$250ksame year
Spent / received96%5-year average
Size in its cause67th pctReligion
Exempt since2007Publicly supported organisat
Employees2latest return

Analysis

Masters Arrow Ministries Inc is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in August 2007, 19 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, Masters Arrow Ministries Inc reported income of $216k and spending of $250k, spending 116% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $296k to $216k (-27%), an average of -7.6% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masters Arrow Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Dcgim ($215k), Pure Cultivation Temple ($216k) and Armor of God Catholic Radio Apostolate ($215k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. Compensation of current officers, directors and key employees was $4,796 (1.9% of expenses). At year end it held assets of $70k against liabilities of $9,076, net assets of $61k. It reported 2 employees.

Income and spending

$0$74k$148k$222k$296k2019 Income: $295,8992019 Spending: $253,69520192020 Income: $258,4962020 Spending: $247,48020202021 Income: $259,8092021 Spending: $231,39020212022 Income: $251,1142022 Spending: $243,17620222023 Income: $215,5262023 Spending: $250,2622023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Program services 14%
  • Other 0.1%

Similar-sized charities, same cause

CharityLocationIncome
DcgimSouth Riding$215k
Pure Cultivation TempleLas Vegas$216k
Armor of God Catholic Radio ApostolateCopperas Cove$215k
Center for Cultural LeadershipCoulterville$216k