Women of Valor Ministries Inc

Analysis

Women of Valor Ministries Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in February 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, Women of Valor Ministries Inc reported income of $163k and spending of $165k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $164k to $163k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to December 2022, when income dropped by 27%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Women of Valor Ministries Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within MD. Charities of a similar size with the same main cause include Compelling Ministries Inc ($163k), Frontline Ministries Inc ($163k) and Abundant Life Tabernacle ($163k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 8.7% of the total. Compensation of current officers, directors and key employees was $33k (20% of expenses). Other salaries and wages came to $67k. At year end it held assets of $127k against liabilities of $0, net assets of $127k. It reported 7 employees.