Soul for Christ Ministry Inc

Analysis

Soul for Christ Ministry Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Soul for Christ Ministry Inc reported income of $293k and spending of $246k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $258k to $293k (+13%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Soul for Christ Ministry Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Seed Net ($292k), Better Life for Pastoralists Inc ($293k) and Powered to Move ($292k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% of the total. At year end it held assets of $221k against liabilities of $0, net assets of $221k.