Soorin Backer Ministries Inc

Analysis

Soorin Backer Ministries Inc is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in April 2015, 11 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, Soorin Backer Ministries Inc reported income of $57k and spending of $58k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $57k (+18%), an average of +18% a year. The sharpest change came in the year to December 2023, when income rose by 18%. Over the whole period it spent 120% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Soorin Backer Ministries Inc sits at the 25th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 21st percentile within OR. Charities of a similar size with the same main cause include Deeper Waters Inc ($57k), Southeast Church of Christ ($57k) and Ansar Ud Deen Society of Washington DC ($57k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. At year end it held assets of $8,751 against liabilities of $6,536, net assets of $2,215.