Psalm 91 Inc

Analysis

Psalm 91 Inc is a registered charity in United States, based in Kalispell, MT. It received its IRS tax-exemption ruling in June 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 December 2023, Psalm 91 Inc reported income of $799k and spending of $62k, leaving 92% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $79k to $799k (+914%), an average of +116% a year. The sharpest change came in the year to December 2023, when income rose by 1551%. Over the whole period it spent 32% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Psalm 91 Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 78th percentile within MT. Charities of a similar size with the same main cause include Swaminarayan Welfare Inc ($798k), Acts Missions ($799k) and Gutenberg College Inc ($798k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.7% of the total. At year end it held assets of $845k against liabilities of $0, net assets of $845k.