7 Springs Ministries

Analysis

7 Springs Ministries is a registered charity in United States, based in Wedowee, AL. It received its IRS tax-exemption ruling in June 2015, 11 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, 7 Springs Ministries reported income of $781k and spending of $787k, spending 101% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $881k to $781k (-11%), an average of -3.9% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, 7 Springs Ministries sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 79th percentile within AL. Charities of a similar size with the same main cause include Sedan Area Emergency Medical Service District 2 Inc ($781k), Neuro Challenge Foundation Inc ($781k) and Nursing Home Ombudsman Agency of the Bluegrass Inc ($781k).

Compensation of current officers, directors and key employees was $81k (10% of expenses). Other salaries and wages came to $182k. At year end it held assets of $510k against liabilities of $510k, net assets of $0. It reported 9 employees.