Skyword Ministries

Analysis

Skyword Ministries is a registered charity in United States, based in Glenview, IL. It received its IRS tax-exemption ruling in April 2002, 24 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, Skyword Ministries reported income of $52k and spending of $46k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $52k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Skyword Ministries sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 22nd percentile within IL. Charities of a similar size with the same main cause include Fundacion Apoyando Al Projimo Inc ($52k), Lutheran Ministry Foundation ($52k) and Indigenous Peoples Survival Foundation ($52k).

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 $55k against liabilities of $0, net assets of $55k.