Voice of Calvary Ministries

Analysis

Voice of Calvary Ministries is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in August 1975, 51 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, Voice of Calvary Ministries reported income of $2.4m and spending of $2.7m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $788k to $2.4m (+205%), an average of +32% a year. The sharpest change came in the year to December 2020, when income rose by 90%. Over the whole period it spent 100% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Voice of Calvary Ministries sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 89th percentile within MS. Charities of a similar size with the same main cause include Indiana Alliance of Ymcas Incorporated ($2.4m), St Vincent de Paul Council of Neenah-Menasha Inc ($2.4m) and African Women Rising ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $80k (3.0% of expenses). Other salaries and wages came to $571k. At year end it held assets of $2.0m against liabilities of $738k, net assets of $1.3m. It reported 22 employees.