Xponent Ministries

Analysis

Xponent Ministries is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in February 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 September 2023, Xponent Ministries reported income of $165k and spending of $156k, spending 95% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $105k to $165k (+57%), an average of +57% a year. The sharpest change came in the year to September 2023, when income rose by 57%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Xponent Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Karazim Ministries International Inc ($165k), Telemachus Foundation Inc ($165k) and Foundation in Support of the Franciscan Sisters of the Hearts O ($165k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $22k against liabilities of $2,056, net assets of $20k.