Powerpoint Ministries

Analysis

Powerpoint Ministries is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in June 1999, 27 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 2024, Powerpoint Ministries reported income of $8.0m and spending of $5.7m, leaving 28% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $4.6m to $8.0m (+71%), an average of +14% a year. The sharpest change came in the year to June 2024, when income rose by 52%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Powerpoint Ministries sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within TX. Charities of a similar size with the same main cause include Open Doors International USA Inc ($7.9m), Yeshiva of Machzikai Hadas Inc ($8.0m) and American Friends of Kupat Hair Inc ($7.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $320k (5.6% of expenses). Other salaries and wages came to $104k. It paid $336k in professional fundraising fees. At year end it held assets of $3.2m against liabilities of $315k, net assets of $2.9m.