Straight Up Ministries Inc

Analysis

Straight Up Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 2014, 12 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, Straight Up Ministries Inc reported income of $1.5m and spending of $210k, leaving 86% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $249k to $1.5m (+488%), an average of +80% a year. The sharpest change came in the year to December 2023, when income rose by 455%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Straight Up Ministries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 84th percentile within IN. Charities of a similar size with the same main cause include American Friends of Birchas Mordechai ($1.5m), Christian Recovery Center ($1.5m) and Iglesia Pentecostal Arca de Salvacion Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.9% of the total. Other salaries and wages came to $5,388. At year end it held assets of $2.0m against liabilities of $150k, net assets of $1.8m. It reported 2 employees.