Spring Rain Ministries Inc

Analysis

Spring Rain Ministries Inc is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in July 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 (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, Spring Rain Ministries Inc reported income of $92k and spending of $96k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $139k to $92k (-34%), an average of -34% a year. The sharpest change came in the year to December 2023, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Spring Rain Ministries Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 34th percentile within OK. Charities of a similar size with the same main cause include Catholicosate of Armenia Major & Armenia Minor ($92k), Gateway Via Inc ($92k) and Oasis Ministries Inc ($92k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 48% and program service revenue 45% of the total. At year end it held assets of $25k against liabilities of $1,514, net assets of $23k.