Sermon on the Mount Inc
Analysis
Sermon on the Mount Inc is a registered charity in United States, based in Anadarko, OK. It received its IRS tax-exemption ruling in September 2012, 14 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, Sermon on the Mount Inc reported income of $2.0m and spending of $937k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $396k to $2.0m (+416%), an average of +51% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 64% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Sermon on the Mount Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OK. Charities of a similar size with the same main cause include Sheng-Yen Lu Foundation ($2.0m), Georgia Central University Inc ($2.0m) and Tre Ministries ($2.0m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.3% of the total. Other salaries and wages came to $143k. At year end it held assets of $1.9m against liabilities of $215k, net assets of $1.7m. It reported 7 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Program services 0.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Sheng-Yen Lu Foundation | Redmond | $2.0m |
| Georgia Central University Inc | Atlanta | $2.0m |
| Tre Ministries | Sioux Falls | $2.0m |
| Vietnamese American Buddhist Congregation | San Gabriel | $2.0m |