Spring-Woodlands Ministries Inc

Analysis

Spring-Woodlands Ministries Inc is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in July 2000, 26 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Spring-Woodlands Ministries Inc reported income of $86k and spending of $100k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $86k (+11%), an average of +2.7% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Spring-Woodlands Ministries Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 35th percentile within TX. Charities of a similar size with the same main cause include Central Ohio Lutheran Immigrant Mission Incorporated ($86k), Pavilion at Brookmeade Inc ($86k) and Playa Sunrise Rotary Clubfoundation Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $51k (51% of expenses). At year end it held assets of $33k against liabilities of $978, net assets of $32k. It reported 1 employees.