Elisha Ministries

Analysis

Elisha Ministries is a registered charity in United States, based in Ruston, LA. It received its IRS tax-exemption ruling in November 2003, 23 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 August 2024, Elisha Ministries reported income of $205k and spending of $301k, spending 147% of what it took in. Across the 5 years on record, from August 2020 to August 2024, income fell from $287k to $205k (-29%), an average of -8.1% a year. The sharpest change came in the year to August 2024, when income rose by 76%. Over the whole period it spent 136% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Elisha Ministries sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 53rd percentile within LA. Charities of a similar size with the same main cause include Sands Horizon Inc ($205k), Oaks Family Care Center Inc ($205k) and DC Housing Solutions ($205k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 38% and program service revenue 46% of the total. Compensation of current officers, directors and key employees was $39k (13% of expenses). Other salaries and wages came to $19k. At year end it held assets of $887k against liabilities of $990k, net assets of -$102k. It reported 8 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.