P133 Ministries

Analysis

P133 Ministries is a registered charity in United States, based in Arlington, TX. It received its IRS tax-exemption ruling in December 2010, 16 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, P133 Ministries reported income of $371k and spending of $196k, leaving 47% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $215k to $371k (+73%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, P133 Ministries sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Krishna Protects Cows Inc ($370k), Christ Mission Ministries Inc ($371k) and Bayside Church Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% and program service revenue 75% of the total. Other salaries and wages came to $105k. At year end it held assets of $192k against liabilities of $50k, net assets of $142k. It reported 2 employees.