Spirit and Truth Ministries of
Analysis
Spirit and Truth Ministries of is a registered charity in United States, based in Sandusky, OH. It received its IRS tax-exemption ruling in May 2010, 16 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Spirit and Truth Ministries of reported income of $283k and spending of $303k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $441k to $283k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 82% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Spirit and Truth Ministries of sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 60th percentile within OH. Charities of a similar size with the same main cause include Life Resources Inc ($283k), The Christian Church the Old Path ($283k) and Joseph Pedott Perpetual Endowment Trust ($283k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $47k (15% of expenses). Other salaries and wages came to $133k. At year end it held assets of $127k against liabilities of $0, net assets of $127k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 15%
- Program services 85%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Life Resources Inc | Mandeville | $283k |
| The Christian Church the Old Path | Houston | $283k |
| Joseph Pedott Perpetual Endowment Trust | San Francisco | $283k |
| South Central Church of Christ Incorporated | Raleigh | $283k |