Spirit of Revival Ministries

Analysis

Spirit of Revival Ministries is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in May 2018, 8 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. 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, Spirit of Revival Ministries reported income of $74k and spending of $108k, spending 145% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $142k to $74k (-48%), an average of -48% a year. The sharpest change came in the year to December 2023, when income dropped by 48%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Spirit of Revival Ministries 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 29th percentile, and in the 30th percentile within TX. Charities of a similar size with the same main cause include Bay Area Heritage Society of Baytown Texas ($74k), Iron County Museum Endowment Fund Inc ($74k) and PTA California Congress of Parents Teachers & Students Inc ($74k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $337, net assets of $50k.