By the Spirit Ministries

Analysis

By the Spirit Ministries is a registered charity in United States, based in Lexington, KY. 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 2023, By the Spirit Ministries reported income of $1.1m and spending of $1.1m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $613k to $1.1m (+83%), an average of +16% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, By the Spirit Ministries sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 82nd percentile within KY. Charities of a similar size with the same main cause include Gondesan Great Merciful Water USA Association Ltd ($1.1m), The Redeemed Christian Church of God Family Praise Chapel Inc ($1.1m) and Mount Carmel Ministries ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $85k (7.6% of expenses). At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 5 employees.