The Soulfisher Ministries

Analysis

The Soulfisher Ministries is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 2014, 12 years ago. Its declared purposes cover education, which this site groups under education and training. 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, The Soulfisher Ministries reported income of $1.8m and spending of $2.2m, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $624k to $1.8m (+196%), an average of +31% a year. The sharpest change came in the year to December 2022, when income rose by 152%. Over the whole period it spent 86% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, The Soulfisher Ministries sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 84th percentile within MO. Charities of a similar size with the same main cause include Small Wonders Day Care & Preschool Inc ($1.8m), Panama City Advanced School Corporation ($1.8m) and Central High School Foundation ($1.8m).

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 $303k (14% of expenses). At year end it held assets of $2.6m against liabilities of $978k, net assets of $1.6m. It reported 71 employees.