Tejas Ministries Inc
Analysis
Tejas Ministries Inc is a registered charity in United States, based in Giddings, TX. It received its IRS tax-exemption ruling in March 1982, 44 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending August 2023, Tejas Ministries Inc reported income of $3.8m and spending of $3.9m, spending 104% of its income. Across the 4 years on record, from August 2020 to August 2023, income grew from $2.2m to $3.8m (+75%), an average of +21% a year. The sharpest change came in the year to August 2022, when income rose by 56%. Over the whole period it spent 97% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Tejas Ministries Inc 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 90th percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Regenerate California Innovation ($3.8m), Connect Ministries Inc ($3.8m) and One Voice Ministries Inc ($3.8m).
On its Form 990 for the period ending August 2023, revenue came from contributions and grants 10% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $145k (3.7% of expenses). Other salaries and wages came to $1.1m. It paid $9,600 in professional fundraising fees. At year end it held assets of $3.9m against liabilities of $2.4m, net assets of $1.5m. It reported 119 employees.
Income and spending
Where the income comes from
- Contributions & grants 10%
- Program services 87%
- Other 2.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Regenerate California Innovation | Fresno | $3.8m |
| Connect Ministries Inc | Watkinsville | $3.8m |
| One Voice Ministries Inc | Omaha | $3.8m |
| Perception Funding Inc | Kansas City | $3.8m |