Spirit & Word Ministries Inc

Analysis

Spirit & Word Ministries Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in September 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Spirit & Word Ministries Inc reported income of $203k and spending of $331k, spending 163% of what it took in. Across the 3 years on record, from December 2019 to December 2021, income grew from $135k to $203k (+50%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 877%. Over the whole period it spent 242% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spirit & Word Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 52nd percentile within AZ. Charities of a similar size with the same main cause include Eshdtf ($203k), Good News Kenya Inc ($203k) and Compassion Counseling ($203k).

Other salaries and wages came to $50k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.