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Point of View Ministries Inc

RegisteredEIN 75-1751385Dallas, TXReligion
Income$1.4m2023-06
Spending$1.6msame year
Spent / received98%5-year average
Size in its cause94th pctReligion
Exempt since1976Publicly supported organisat
Employees13latest return

Analysis

Point of View Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in August 1976, 50 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 June 2023, Point of View Ministries Inc reported income of $1.4m and spending of $1.6m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $1.4m (+38%), an average of +8.4% a year. The sharpest change came in the year to June 2021, when income rose by 37%. 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, Point of View Ministries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 87th percentile within TX. Charities of a similar size with the same main cause include Mercer County Family Young Mens Christian Assoc of Aledo Il ($1.4m), Rahman Ministries Inc ($1.4m) and Al-Misbaah ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $194k (12% of expenses). Other salaries and wages came to $479k. It paid $12k in professional fundraising fees. At year end it held assets of $250k against liabilities of $211k, net assets of $39k. It reported 13 employees.

Income and spending

$0$401k$801k$1.2m$1.6m2019 Income: $1,045,0422019 Spending: $1,080,36920192020 Income: $1,154,2992020 Spending: $1,075,42820202021 Income: $1,586,1912021 Spending: $1,280,11420212022 Income: $1,440,8502022 Spending: $1,482,94020222023 Income: $1,441,3122023 Spending: $1,602,3752023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Mercer County Family Young Mens Christian Assoc of Aledo IlAledo$1.4m
Rahman Ministries IncPhoenix$1.4m
Al-MisbaahElk Grove$1.4m
Greater Vision Community ChurchKilleen$1.4m