Equipping the Saints

Analysis

Equipping the Saints is a registered charity in United States, based in Weyers Cave, VA. It received its IRS tax-exemption ruling in September 1992, 34 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Equipping the Saints reported income of $299k and spending of $441k, spending 147% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $655k to $299k (-54%), an average of -18% a year. The sharpest change came in the year to December 2020, when income dropped by 51%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Equipping the Saints sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within VA. Charities of a similar size with the same main cause include San Pedro Sula Dream Center Inc ($299k), Christian Community Center Inc ($299k) and Celebrating Life Ministries ($299k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $55k (12% of expenses). At year end it held assets of $1.6m against liabilities of $130k, net assets of $1.4m. It reported 3 employees.