Salvation Ministries Incorporated

Analysis

Salvation Ministries Incorporated is a registered charity in United States, based in Gallup, NM. It received its IRS tax-exemption ruling in February 2019, 7 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, Salvation Ministries Incorporated reported income of $64k and spending of $69k, spending 108% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $87k to $64k (-26%), an average of -26% a year. The sharpest change came in the year to December 2023, when income dropped by 26%. Over the whole period it spent 125% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Salvation Ministries Incorporated sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 21st percentile within NM. Charities of a similar size with the same main cause include Turban Day Inc ($64k), Chaplain Alliance for Religious Liberty ($64k) and Messianic Jewish Movement International ($64k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,717 against liabilities of $0, net assets of $1,717.