Grunewald Ministries Inc

Analysis

Grunewald Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in April 1995, 31 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, Grunewald Ministries Inc reported income of $305k and spending of $329k, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $305k (-0.6%), an average of -0.1% a year. The sharpest change came in the year to December 2022, when income dropped by 26%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grunewald Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within OK. Charities of a similar size with the same main cause include Mercy Center in ($305k), Faith Family Media Inc ($305k) and Truth Tabernacle of Praise ($305k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $159k (48% of expenses). At year end it held assets of $110k against liabilities of $3,876, net assets of $106k. It reported 1 employees.