Sound of the Trumpet Ministries Inc

Analysis

Sound of the Trumpet Ministries Inc is a registered charity in United States, based in Springfield, VA. It received its IRS tax-exemption ruling in June 1995, 31 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, Sound of the Trumpet Ministries Inc reported income of $93k and spending of $78k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $78k to $93k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sound of the Trumpet Ministries Inc sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within VA. Charities of a similar size with the same main cause include Ministerio Evangelistico Jesus Es LA Respuesta Inc ($93k), Joe Weidinger Ministries Inc ($93k) and Ragya Mahayana Buddhist Cultural Center ($93k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $28k against liabilities of $0, net assets of $28k.