Scripture Awakening Inc

Analysis

Scripture Awakening Inc is a registered charity in United States, based in Hendersonville, NC. It received its IRS tax-exemption ruling in September 1998, 28 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 2022, Scripture Awakening Inc reported income of $164k and spending of $225k, spending 137% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $716k to $164k (-77%), an average of -39% a year. The sharpest change came in the year to December 2020, when income dropped by 83%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Scripture Awakening Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 47th percentile within NC. Charities of a similar size with the same main cause include Global Dental Alliance ($164k), Dagmawit Axum Tsion Mariam Orthodox Tewahido Monastery in Ti ($164k) and Nancy McCready Ministries Inc ($164k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 101% of the total. Compensation of current officers, directors and key employees was $60k (27% of expenses). Other salaries and wages came to $35k. At year end it held assets of $172k against liabilities of $21k, net assets of $151k. It reported 2 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.