San Antonio Metropolitan Ministry Inc

Analysis

San Antonio Metropolitan Ministry Inc is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in July 1985, 41 years ago. 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 September 2023, San Antonio Metropolitan Ministry Inc reported income of $18.1m and spending of $19.8m, spending 110% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.8m to $18.1m (+52%), an average of +11% a year. The sharpest change came in the year to September 2021, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, San Antonio Metropolitan Ministry Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include The James Beard Foundation Inc ($18.0m), Goodwill of the Southern Alleghenies Inc ($18.1m) and Home School Legal Defense Association ($18.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 93% of the total. Compensation of current officers, directors and key employees was $631k (3.2% of expenses). Other salaries and wages came to $5.5m. It paid $400k in professional fundraising fees. At year end it held assets of $18.2m against liabilities of $12.6m, net assets of $5.7m. It reported 157 employees.