Finishing Touch Ministries

Analysis

Finishing Touch Ministries is a registered charity in United States, based in Spring, TX. It received its IRS tax-exemption ruling in December 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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 June 2024, Finishing Touch Ministries reported income of $113k and spending of $162k, spending 143% of what it took in. Across the 2 years on record, from June 2023 to June 2024, income fell from $166k to $113k (-32%), an average of -32% a year. The sharpest change came in the year to June 2024, when income dropped by 32%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Finishing Touch Ministries sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 43rd percentile within TX. Charities of a similar size with the same main cause include Engage the Nations ($113k), Primera Iglesia Hispana de Prunedale Inc ($113k) and Forerunners for Christ Inc ($113k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $158k against liabilities of $0, net assets of $158k.