Masterspeace Ministries Inc

Analysis

Masterspeace Ministries Inc is a registered charity in United States, based in Stephenville, TX. It received its IRS tax-exemption ruling in January 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, Masterspeace Ministries Inc reported income of $67k and spending of $67k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $67k (+3.1%), an average of +3.1% a year. 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, Masterspeace Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Soul Reparations ($67k), Fabric of Hope Inc ($67k) and St Joseph Business Guild ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.