Isaiah 58 Ministries

Analysis

Isaiah 58 Ministries is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in November 1989, 37 years ago. 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, Isaiah 58 Ministries reported income of $1.3m and spending of $1.3m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $975k to $1.3m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2023, when income rose by 31%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Isaiah 58 Ministries sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Global Foundation for Democracy and Development Inc ($1.3m), Elim Care Inc ($1.3m) and St Vincent Charity Health Campus Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.1% of the total. Compensation of current officers, directors and key employees was $83k (6.2% of expenses). At year end it held assets of $348k against liabilities of $11k, net assets of $337k. It reported 3 employees.