Thirstysouls Ministries Inc

Analysis

Thirstysouls Ministries Inc is a registered charity in United States, based in Shrewsbury, PA. It received its IRS tax-exemption ruling in January 2004, 22 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, Thirstysouls Ministries Inc reported income of $458k and spending of $434k, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $383k to $458k (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thirstysouls Ministries Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 67th percentile within PA. Charities of a similar size with the same main cause include White Fields Overseas Evangelism Inc ($458k), Jewish Community of Rostov Inc ($458k) and Lighthouse Promise Inc ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 14% of the total. At year end it held assets of $145k against liabilities of $593, net assets of $145k.