Greater St Stephen Ministries

Analysis

Greater St Stephen Ministries is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in April 1995, 31 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2020, Greater St Stephen Ministries reported income of $4.8m and spending of $5.0m, spending 102% of its income. Across the 2 years on record, from December 2019 to December 2020, income fell from $6.3m to $4.8m (-23%), an average of -23% a year. The sharpest change came in the year to December 2020, when income dropped by 23%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Greater St Stephen Ministries sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within LA. Charities of a similar size with the same main cause include Forever Balboa Park ($4.8m), Christian Ministry Alliance ($4.8m) and Evangelical Council for Financial Accountability ($4.8m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $2.5m. At year end it held assets of $35.7m against liabilities of $16.9m, net assets of $18.8m.