Sheryl Brady Ministries Inc

Analysis

Sheryl Brady Ministries Inc is a registered charity in United States, based in Frisco, TX. It received its IRS tax-exemption ruling in March 2001, 25 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, Sheryl Brady Ministries Inc reported income of $318k and spending of $247k, leaving 22% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $63k to $318k (+404%), an average of +404% a year. The sharpest change came in the year to December 2023, when income rose by 404%. Over the whole period it spent 85% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sheryl Brady Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 67th percentile within TX. Charities of a similar size with the same main cause include Hovsepian Ministries Inc ($318k), Order of St Michael Inc ($318k) and Theology Matters ($318k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 73% of the total. Compensation of current officers, directors and key employees was $138k (56% of expenses). At year end it held assets of $117k against liabilities of $24k, net assets of $92k. It reported 1 employees.