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Streams Ministries International

RegisteredEIN 74-2703460Lewisville, TXReligion
Income$849k2023-12
Spending$912ksame year
Spent / received99%5-year average
Size in its cause90th pctReligion
Exempt since1995Publicly supported organisat
Employees10latest return

Analysis

Streams Ministries International is a registered charity in United States, based in Lewisville, TX. It received its IRS tax-exemption ruling in May 1995, 31 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, Streams Ministries International reported income of $849k and spending of $912k, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $633k to $849k (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 45%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Streams Ministries International sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 81st percentile within TX. Charities of a similar size with the same main cause include Kashrus Council of Lakewood N J Inc ($849k), Pastors Study ($850k) and Yekirei Hatzalah Yehuda and Shomron Inc ($849k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $122k (13% of expenses). Other salaries and wages came to $276k. At year end it held assets of $299k against liabilities of $4,072, net assets of $295k. It reported 10 employees.

Income and spending

$0$259k$518k$776k$1.0m2019 Income: $632,5582019 Spending: $667,35620192020 Income: $715,7202020 Spending: $754,38220202021 Income: $1,035,1522021 Spending: $874,30820212022 Income: $934,2932022 Spending: $908,10520222023 Income: $848,9332023 Spending: $912,0942023
IncomeSpending

Where the income comes from

  • Contributions & grants 60%
  • Program services 24%
  • Other 15%

Similar-sized charities, same cause

CharityLocationIncome
Kashrus Council of Lakewood N J IncLakewood$849k
Pastors StudyMinneapolis$850k
Yekirei Hatzalah Yehuda and Shomron IncTeaneck$849k
First Love Ministries USAIrvine$850k