Plumbline Ministries Inc

Analysis

Plumbline Ministries Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in October 1996, 30 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, Plumbline Ministries Inc reported income of $316k and spending of $321k, spending 102% of its income. Across the 4 years on record, from December 2019 to December 2023, income grew from $223k to $316k (+42%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 35%. 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, Plumbline Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within OK. Charities of a similar size with the same main cause include The Barnabas Connection ($316k), Central California Adaptive Sports Center ($316k) and Yupik Womens Coalition ($316k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $210k (65% of expenses). At year end it held assets of $84k against liabilities of $0, net assets of $84k. It reported 3 employees.