Ancient Words Ministries Inc

Analysis

Ancient Words Ministries Inc is a registered charity in United States, based in Benbrook, TX. It received its IRS tax-exemption ruling in August 2012, 14 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 2023, Ancient Words Ministries Inc reported income of $101k and spending of $166k, spending 165% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $144k to $101k (-30%), an average of -11% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ancient Words Ministries Inc sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include Shepard of Your Soul ($101k), Spirit of Grace Ministries ($101k) and Restoration Apostolic Truth Ministries ($101k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.2% of the total. At year end it held assets of $93k against liabilities of $129, net assets of $92k.