Vantage Point 3 Ministries

Analysis

Vantage Point 3 Ministries is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Vantage Point 3 Ministries reported income of $410k and spending of $415k, spending 101% of its income. Across the 5 years on record, from June 2020 to June 2024, income fell from $426k to $410k (-3.9%), an average of -1.0% a year. The sharpest change came in the year to June 2022, when income dropped by 31%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vantage Point 3 Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 66th percentile within SD. Charities of a similar size with the same main cause include Jewish Interactive Inc ($410k), Jeremiah Castille Foundation ($410k) and Cathedral Oaks Worship and Retreat Center ($410k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 48% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $47k (11% of expenses). Other salaries and wages came to $217k. At year end it held assets of $94k against liabilities of $14k, net assets of $80k. It reported 5 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.