Shall Never Thirst Ministries

Analysis

Shall Never Thirst Ministries is a registered charity in United States, based in Glassboro, NJ. It received its IRS tax-exemption ruling in July 2015, 11 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Shall Never Thirst Ministries reported income of $276k and spending of $278k, spending 101% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $209k to $276k (+32%), an average of +15% a year. The sharpest change came in the year to December 2022, when income rose by 49%. Over the whole period it spent 100% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Shall Never Thirst Ministries sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 67th percentile within NJ. Charities of a similar size with the same main cause include Milligan Housing for the Elderly and Handicapped of Gaffney Inc ($276k), TWB Residential Opportunities Inc ($276k) and Baton Rouge Village Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 8.8% of the total. Compensation of current officers, directors and key employees was $25k (9.0% of expenses). Other salaries and wages came to $6,723. At year end it held assets of $38k against liabilities of $3,002, net assets of $35k. It reported 3 employees.