Zach Speegle Ministries

Analysis

Zach Speegle Ministries is a registered charity in United States, based in Brownwood, TX. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Zach Speegle Ministries reported income of $407k and spending of $389k, spending 96% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $267k to $407k (+52%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 43%. Over the whole period it spent 99% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Zach Speegle Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Colter Commons Inc ($407k), RVM Medford III Housing Corporation ($407k) and Dorobo Fund for Tanzania Inc ($407k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $61k (16% of expenses). Other salaries and wages came to $98k. It paid $7,743 in professional fundraising fees. At year end it held assets of $75k against liabilities of $3,460, net assets of $72k. It reported 9 employees.