Polwarth Ministries

Analysis

Polwarth Ministries is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 2007, 19 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, Polwarth Ministries reported income of $191k and spending of $141k, leaving 26% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $127k to $191k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Polwarth Ministries sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include LA Roca Missions Inc ($191k), Aleph Learning Center ($191k) and Alandi Ashram ($191k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $117k against liabilities of $9,317, net assets of $107k.