Sound the Trumpet Ministries International

Analysis

Sound the Trumpet Ministries International is a registered charity in United States, based in Grapevine, TX. It received its IRS tax-exemption ruling in June 2002, 24 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, Sound the Trumpet Ministries International reported income of $348k and spending of $278k, leaving 20% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $320k to $348k (+8.6%), an average of +2.1% a year. The sharpest change came in the year to December 2021, when income dropped by 28%. Over the whole period it spent 109% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Sound the Trumpet Ministries International sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Highland Childrens House ($348k), Sapibon Foundation Inc ($348k) and Personal Guardianship Services Inc ($348k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $57k (21% of expenses). Other salaries and wages came to $115k. At year end it held assets of $180k against liabilities of $290k, net assets of -$109k. It reported 3 employees.