Sword of the Spirit
Analysis
Sword of the Spirit is a registered charity in United States, based in East Lansing, MI. It received its IRS tax-exemption ruling in December 1991, 35 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 July 2023, Sword of the Spirit reported income of $1.2m and spending of $1.9m, spending 153% of what it took in. Across the 5 years on record, from July 2019 to July 2023, income fell from $2.0m to $1.2m (-40%), an average of -12% a year. The sharpest change came in the year to July 2023, when income dropped by 61%. Over the whole period it spent 98% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Sword of the Spirit sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within MI. Charities of a similar size with the same main cause include Living Proof Ministries Inc ($1.2m), Beyond Boundaries Childrens Foundation Inc ($1.2m) and Bike Walk KC ($1.2m).
On its Form 990 for the period ending July 2023, revenue came from contributions and grants 70% and program service revenue 22% of the total. Other salaries and wages came to $920k. At year end it held assets of $2.5m against liabilities of $1.6m, net assets of $893k. It reported 64 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 22%
- Other 7.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Living Proof Ministries Inc | Pisgah | $1.2m |
| Beyond Boundaries Childrens Foundation Inc | Miami | $1.2m |
| Bike Walk KC | Kansas City | $1.2m |
| Change Starts with Community | Minneapolis | $1.2m |