Stephen Ministries
Analysis
Stephen Ministries is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in February 1976, 50 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 August 2024, Stephen Ministries reported income of $5.3m and spending of $3.5m, leaving 33% of income unspent that year. Across the 5 years on record, from August 2020 to August 2024, income grew from $4.0m to $5.3m (+33%), an average of +7.5% a year. The sharpest change came in the year to August 2021, when income rose by 44%. Over the whole period it spent 73% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Stephen Ministries sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Archdiocese of Indianapolis Cemeteries Inc ($5.3m), Gross Schechter Day School ($5.3m) and Pro Athletes Outreach ($5.3m).
On its Form 990 for the period ending August 2024, revenue came from contributions and grants 4.6% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $456k (13% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $29.5m against liabilities of $1.4m, net assets of $28.1m. It reported 31 employees.
Income and spending
Where the income comes from
- Contributions & grants 4.6%
- Program services 75%
- Other 20%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Archdiocese of Indianapolis Cemeteries Inc | Indianapolis | $5.3m |
| Gross Schechter Day School | Pepper Pike | $5.3m |
| Pro Athletes Outreach | Englewood | $5.3m |
| Devoted Christian Servant Outreach Inc | Wheeling | $5.3m |