Sozo Ministries Inc

Analysis

Sozo Ministries Inc is a registered charity in United States, based in Crane, TX. It received its IRS tax-exemption ruling in June 2015, 11 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, Sozo Ministries Inc reported income of $126k and spending of $116k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $101k to $126k (+25%), an average of +25% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sozo Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Friends of St Nicholas ($126k), Iglesia Pentecostes Efeso Inc ($126k) and Worshipcity Ministries ($126k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $19k against liabilities of $0, net assets of $19k.