Smethurst Ministries Inc

Analysis

Smethurst Ministries Inc is a registered charity in United States, based in Cocoa, FL. It received its IRS tax-exemption ruling in June 2017, 9 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, Smethurst Ministries Inc reported income of $211k and spending of $223k, spending 106% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $333k to $211k (-37%), an average of -37% a year. The sharpest change came in the year to December 2023, when income dropped by 37%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Smethurst Ministries Inc sits at the 67th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 58th percentile within FL. Charities of a similar size with the same main cause include St Pauls Charismatic Episcopal Church ($211k), Messiah Lutheran Foundation Inc ($211k) and Bibles in Schools Inc ($211k).

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 $13k against liabilities of $0, net assets of $13k.