Finishing Well Ministries

Analysis

Finishing Well Ministries is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in March 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 February 2024, Finishing Well Ministries reported income of $350k and spending of $281k, spending 80% of its income. Across the 5 years on record, from February 2020 to February 2024, income grew from $223k to $350k (+57%), an average of +12% a year. The sharpest change came in the year to February 2021, when income rose by 21%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Finishing Well Ministries sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Impact World Change Inc ($350k), Love Inc of Metro Tampa ($350k) and Impact Television Network ($350k).

On its Form 990 for the period ending February 2024, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $144k. At year end it held assets of $356k against liabilities of $25k, net assets of $331k. It reported 2 employees.