Q Ministry Project

Analysis

Q Ministry Project is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in October 2013, 13 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, Q Ministry Project reported income of $193k and spending of $185k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $183k to $193k (+5.3%), an average of +5.3% a year. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Q Ministry Project sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Rooted Oaks International ($193k), Grace Ministries of Durham North Carolina ($193k) and Karamsar Inc ($193k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 2.5% of the total. At year end it held assets of $228k against liabilities of $0, net assets of $228k.