By the Spirit Ministries

Analysis

By the Spirit Ministries is a registered charity in United States, based in District HTS, MD. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church 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 $67k and spending of $76k, spending 113% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $36k to $67k (+88%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 38%. Over the whole period it spent 100% 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 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 28th percentile within MD. Charities of a similar size with the same main cause include Brighter Jewish Future Inc ($67k), Saint Mark Care ($67k) and Global Truth Ministries Jamaica Inc ($67k).

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 $14k (19% of expenses). At year end it held assets of $67k against liabilities of $67k, net assets of $0.