Speer Ministries International Inc
Analysis
Speer Ministries International Inc is a registered charity in United States, based in Branson West, MO. It received its IRS tax-exemption ruling in June 2019, 7 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 December 2023, Speer Ministries International Inc reported income of $138k and spending of $132k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $145k to $138k (-5.0%), an average of -5.0% a year. Over the whole period it spent 84% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Speer Ministries International Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within MO. Charities of a similar size with the same main cause include Bethel Casa de Dios ($138k), Lift One Up Inc ($138k) and Bethel Mission Outreach Inc ($138k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $5,704 against liabilities of $0, net assets of $5,704.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Bethel Casa de Dios | Hallandle BCH | $138k |
| Lift One Up Inc | Las Vegas | $138k |
| Bethel Mission Outreach Inc | Stockbridge | $138k |
| Islamic Center of High Point | High Point | $138k |