Silent Word Ministries Inc

Analysis

Silent Word Ministries Inc is a registered charity in United States, based in Trenton, GA. It received its IRS tax-exemption ruling in November 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Silent Word Ministries Inc reported income of $1.5m and spending of $1.5m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $925k to $1.5m (+62%), an average of +13% a year. The sharpest change came in the year to December 2021, when income rose by 35%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Silent Word Ministries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 86th percentile within GA. Charities of a similar size with the same main cause include Child Evangelism Fellowship Inc ($1.5m), Ria Charitable Investments Inc ($1.5m) and Impact Africa Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.6% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $143k (9.5% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $1.8m against liabilities of $1.5m, net assets of $287k. It reported 18 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.