1 Church 1 Soul Ministry

Analysis

1 Church 1 Soul Ministry is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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, 1 Church 1 Soul Ministry reported income of $191k and spending of $170k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $117k to $191k (+64%), an average of +64% a year. The sharpest change came in the year to December 2023, when income rose by 64%. Over the whole period it spent 86% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, 1 Church 1 Soul Ministry 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 53rd percentile, and in the 57th percentile within TX. Charities of a similar size with the same main cause include Cocoa Beach Main Street Inc ($191k), Start Up Kids Club ($191k) and Square1 Inc ($191k).

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 $60k against liabilities of $0, net assets of $60k.