Signs of the Times Apostolate Inc

Analysis

Signs of the Times Apostolate Inc is a registered charity in United States, based in Herndon, VA. It received its IRS tax-exemption ruling in September 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Signs of the Times Apostolate Inc reported income of $464k and spending of $486k, spending 105% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $373k to $464k (+24%), an average of +5.6% a year. The sharpest change came in the year to June 2020, when income rose by 26%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Signs of the Times Apostolate Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within VA. Charities of a similar size with the same main cause include Good Shepherd Mission ($464k), Iglesia de Dios de LA Profecia de Hempstead Inc ($464k) and Grassroot Projects ($464k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 5.0% of the total. Compensation of current officers, directors and key employees was $86k (18% of expenses). Other salaries and wages came to $88k. At year end it held assets of $154k against liabilities of $4,271, net assets of $150k. It reported 2 employees.