Sammy Tippit Ministries

Analysis

Sammy Tippit Ministries is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in May 2000, 26 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, Sammy Tippit Ministries reported income of $793k and spending of $834k, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $775k to $793k (+2.3%), an average of +0.6% a year. The sharpest change came in the year to December 2023, when income rose by 123%. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sammy Tippit Ministries sits at the 89th percentile: it is larger than about 89% 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 Soulformation ($793k), Emerge Missions Inc ($793k) and Inter-Church Organization Inc ($792k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. Compensation of current officers, directors and key employees was $17k (2.0% of expenses). Other salaries and wages came to $160k. At year end it held assets of $388k against liabilities of $30k, net assets of $358k. It reported 4 employees.