Street Ministries Inc

Analysis

Street Ministries Inc is a registered charity in United States, based in Akron, OH. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Street Ministries Inc reported income of $320k and spending of $320k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $285k to $320k (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Street Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within OH. Charities of a similar size with the same main cause include African Community Senior Services ($320k), Lockport Fish Pantry ($320k) and Friends in the Desert Foundation Inc ($320k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $11k against liabilities of $0, net assets of $11k.