Stronghold Ministry

Analysis

Stronghold Ministry is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in June 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, Stronghold Ministry reported income of $350k and spending of $380k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $326k to $350k (+7.4%), an average of +1.8% a year. The sharpest change came in the year to December 2021, when income rose by 32%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Stronghold Ministry sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Bethel Family Enrichment Center ($350k), Howtolife Movement ($350k) and Love Inc of Metro Tampa ($350k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 6.2% of the total. Compensation of current officers, directors and key employees was $81k (21% of expenses). Other salaries and wages came to $137k. At year end it held assets of $287k against liabilities of $5,360, net assets of $281k. It reported 3 employees.