Crazy8 Ministries

Analysis

Crazy8 Ministries is a registered charity in United States, based in Burleson, TX. It received its IRS tax-exemption ruling in February 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Crazy8 Ministries reported income of $428k and spending of $383k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $428k (+33%), an average of +7.5% a year. The sharpest change came in the year to December 2021, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Crazy8 Ministries sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 72nd percentile within TX. Charities of a similar size with the same main cause include Oregon Training Institute ($428k), Habitat for Humanity International Inc ($428k) and Hfa Community Housing Development Inc ($428k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 67% and program service revenue 30% of the total. Other salaries and wages came to $115k. At year end it held assets of $1.5m against liabilities of $594k, net assets of $953k. It reported 9 employees.