Presbyterian Social Ministries Inc

Analysis

Presbyterian Social Ministries Inc is a registered charity in United States, based in Jacksonville, FL. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Presbyterian Social Ministries Inc reported income of $1.0m and spending of $933k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $826k to $1.0m (+22%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Presbyterian Social Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within FL. Charities of a similar size with the same main cause include Together Wisconsin Inc ($1.0m), Organization for Social Media Safety ($1.0m) and Neighborhood Child & Infant Care Center ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 7.5% of the total. Other salaries and wages came to $209k. At year end it held assets of $498k against liabilities of $27k, net assets of $472k. It reported 4 employees.