Financial Issues Stewardship Ministries
Analysis
Financial Issues Stewardship Ministries is a registered charity in United States, based in Exton, PA. It received its IRS tax-exemption ruling in August 2022, 4 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2021, Financial Issues Stewardship Ministries reported income of $3.2m and spending of $2.6m, spending 81% of its income. Across the 3 years on record, from September 2019 to September 2021, income grew from $2.1m to $3.2m (+54%), an average of +24% a year. The sharpest change came in the year to September 2021, when income rose by 35%. Over the whole period it spent 86% of the income it received.
Among 66,972 United States charities whose main cause is education and training and that reported income, Financial Issues Stewardship 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 89th percentile, and in the 88th percentile within PA. Charities of a similar size with the same main cause include Cypress High School ($3.2m), Central Louisiana Area Health Education Center Inc ($3.2m) and Cortez Park Charter Middle School Inc ($3.2m).
On its Form 990 for the period ending September 2021, revenue came from contributions and grants 62% and program service revenue 38% of the total. Compensation of current officers, directors and key employees was $273k (11% of expenses). Other salaries and wages came to $553k. At year end it held assets of $2.2m against liabilities of $45k, net assets of $2.2m. It reported 15 employees.
Income and spending
Where the income comes from
- Contributions & grants 62%
- Program services 38%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cypress High School | Ontario | $3.2m |
| Central Louisiana Area Health Education Center Inc | Alexandria | $3.2m |
| Cortez Park Charter Middle School Inc | Phoenix | $3.2m |
| Imani Christian Academy | Pittsburgh | $3.2m |