Nocona Ministries

Analysis

Nocona Ministries is a registered charity in United States, based in Nocona, TX. It received its IRS tax-exemption ruling in December 2013, 13 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 December 2022, Nocona Ministries reported income of $220k and spending of $141k, leaving 36% of income unspent that year. Across the 3 years on record, from December 2020 to December 2022, income fell from $233k to $220k (-5.4%), an average of -2.7% a year. Over the whole period it spent 54% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Nocona Ministries sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within TX. Charities of a similar size with the same main cause include Airwaves for Jesus Inc ($220k), Iglesia Dios Es Amor de LA Iglesia Cristina Interdenominacional Inc ($220k) and Mt28 Inc ($220k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $430k against liabilities of $0, net assets of $430k.