Sean Smith Ministries Inc
Analysis
Sean Smith Ministries Inc is a registered charity in United States, based in Dublin, CA. It received its IRS tax-exemption ruling in May 2023, 3 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 June 2024, Sean Smith Ministries Inc reported income of $519k and spending of $483k, spending 93% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $350k to $519k (+49%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 61%. Over the whole period it spent 79% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Sean Smith Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within CA. Charities of a similar size with the same main cause include Lmahn Achai Inc ($519k), Kidz Blitz Ministries Inc ($520k) and Whole Truth Ministries Inc ($519k).
On its Form 990 for the period ending June 2024, revenue came from contributions and grants 22% and program service revenue 78% of the total. Compensation of current officers, directors and key employees was $98k (20% of expenses). Other salaries and wages came to $45k. At year end it held assets of $695k against liabilities of $6,289, net assets of $689k.
Income and spending
Where the income comes from
- Contributions & grants 22%
- Program services 78%
- Other 0.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Lmahn Achai Inc | Brooklyn | $519k |
| Kidz Blitz Ministries Inc | Lindale | $520k |
| Whole Truth Ministries Inc | Dayton | $519k |
| The Keystone Project Inc | Keystone | $520k |