Choose to Soar Ministries

Analysis

Choose to Soar Ministries is a registered charity in United States, based in Rockwall, TX. It received its IRS tax-exemption ruling in January 2011, 15 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, Choose to Soar Ministries reported income of $164k and spending of $194k, spending 118% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $164k (+31%), an average of +31% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Choose to Soar Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Iglesia Centro Evangelistico Fe En Accion ($164k), NC Values Institute ($164k) and Christ International Theological Seminary ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 19% of the total. At year end it held assets of $51k against liabilities of $8,104, net assets of $43k.