Spear International Ministries Inc

Analysis

Spear International Ministries Inc is a registered charity in United States, based in Chelsea, AL. It received its IRS tax-exemption ruling in January 2009, 17 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, Spear International Ministries Inc reported income of $97k and spending of $114k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $101k to $97k (-3.9%), an average of -3.9% a year. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spear International Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within AL. Charities of a similar size with the same main cause include General Assembly Church of Christ Disciples of Christ International ($97k), Mohawk Coffee House ($97k) and Iglesia Evangelica Internacional Fuente de Agua Viva ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $126, net assets of $78k.