Seventh Trumpet Ministries

Analysis

Seventh Trumpet Ministries is a registered charity in United States, based in Lubbock, TX. It received its IRS tax-exemption ruling in July 2009, 17 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, Seventh Trumpet Ministries reported income of $54k and spending of $32k, leaving 42% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $126k to $54k (-57%), an average of -57% a year. The sharpest change came in the year to December 2023, when income dropped by 57%. Over the whole period it spent 30% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Seventh Trumpet Ministries sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Help Overcoming Painful Experiences ($54k), Lokenath Mission of USA Inc ($54k) and Shekinah Tabneracle Gospel Church ($54k).

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 $3,465 (11% of expenses). Other salaries and wages came to $13k. At year end it held assets of $199k against liabilities of $0, net assets of $199k.