Andy Woods Ministries

Analysis

Andy Woods Ministries is a registered charity in United States, based in Sugar Land, TX. It received its IRS tax-exemption ruling in February 2008, 18 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, Andy Woods Ministries reported income of $596k and spending of $237k, leaving 60% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $375k to $596k (+59%), an average of +26% a year. The sharpest change came in the year to December 2022, when income rose by 173%. Over the whole period it spent 23% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Andy Woods Ministries sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 77th percentile within TX. Charities of a similar size with the same main cause include Family Keepers Inc ($596k), Impact Latin America ($596k) and United Global Outreach Inc ($596k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $2.0m against liabilities of $7,851, net assets of $2.0m.