Mike Silva Evangelism International Inc
Analysis
Mike Silva Evangelism International Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in December 1994, 32 years ago. 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 February 2024, Mike Silva Evangelism International Inc reported income of $2.8m and spending of $3.2m, spending 115% of what it took in. Across the 5 years on record, from February 2020 to February 2024, income grew from $1.4m to $2.8m (+100%), an average of +19% a year. The sharpest change came in the year to February 2024, when income rose by 54%. Over the whole period it spent 104% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mike Silva Evangelism International Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within OR. Charities of a similar size with the same main cause include Fowler Christian Apartments Inc ($2.8m), Lutheran Music Program ($2.8m) and Naples Historical Society Inc ($2.8m).
On its Form 990 for the period ending February 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $133k (4.2% of expenses). Other salaries and wages came to $385k. At year end it held assets of $245k against liabilities of $209k, net assets of $36k. It reported 12 employees.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Fowler Christian Apartments Inc | Dallas | $2.8m |
| Lutheran Music Program | Minneapolis | $2.8m |
| Naples Historical Society Inc | Naples | $2.8m |
| Gordon State College Foundation Inc | Barnesville | $2.8m |