Spiritus Ministries Northwest
Analysis
Spiritus Ministries Northwest is a registered charity in United States, based in Olympia, WA. It received its IRS tax-exemption ruling in January 2004, 22 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, Spiritus Ministries Northwest reported income of $198k and spending of $177k, spending 89% of its income. Across the 3 years on record, from December 2019 to December 2023, income fell from $263k to $198k (-25%), an average of -13% a year. The sharpest change came in the year to December 2022, when income dropped by 23%. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Spiritus Ministries Northwest sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 50th percentile within WA. Charities of a similar size with the same main cause include Bay Area School of Ministry Inc ($198k), 100 Black Men ($198k) and Jame Masjid Inc ($198k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.2% and program service revenue 96% of the total. At year end it held assets of $55k against liabilities of $0, net assets of $55k.
Income and spending
Where the income comes from
- Contributions & grants 2.2%
- Program services 96%
- Other 1.9%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bay Area School of Ministry Inc | San Carlos | $198k |
| 100 Black Men | Saint Louis | $198k |
| Jame Masjid Inc | Cambridge | $198k |
| Promised Ministries | Nederland | $198k |