Giddo Simon Ministries

Analysis

Giddo Simon Ministries is a registered charity in United States, based in Ballwin, MO. It received its IRS tax-exemption ruling in August 2017, 9 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, Giddo Simon Ministries reported income of $217k and spending of $211k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $143k to $217k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Giddo Simon Ministries sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 53rd percentile within MO. Charities of a similar size with the same main cause include Springboard to Success ($217k), Eighth Day Farm Inc ($217k) and Hooser Gym Community Center of Knightstown Inc ($217k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 78% of the total. At year end it held assets of $192k against liabilities of $0, net assets of $192k.