Sure Foundation Ministries

Analysis

Sure Foundation Ministries is a registered charity in United States, based in Farmers BRNCH, 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sure Foundation Ministries reported income of $338k and spending of $306k, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $312k to $338k (+8.3%), an average of +2.0% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sure Foundation Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Limmud Na ($338k), Good News for Life Inc ($338k) and Awe Star Ministries Inc ($338k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (23% of expenses). At year end it held assets of $1.5m against liabilities of $763k, net assets of $773k. It reported 1 employees.