Salt Ministries

Analysis

Salt Ministries is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in January 2020, 6 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, Salt Ministries reported income of $130k and spending of $131k, spending 100% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $204k to $130k (-36%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 31%. Over the whole period it spent 108% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Salt Ministries sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 44th percentile within OH. Charities of a similar size with the same main cause include The Mon-Arc of Monroe Inc ($130k), Jacksonville Community Center ($130k) and Food Forest Collective ($130k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $300k against liabilities of $0, net assets of $300k.