Little Sprouts Ministries Corp

Analysis

Little Sprouts Ministries Corp is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Little Sprouts Ministries Corp reported income of $313k and spending of $430k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $246k to $313k (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2023, when income dropped by 43%. Over the whole period it spent 99% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Little Sprouts Ministries Corp sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 62nd percentile within IN. Charities of a similar size with the same main cause include Keren Hachesed of Greater Washington Inc ($313k), The Roanoke Jewish Federation ($313k) and Calvary Haiti Mission Support Co ($313k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 116% of the total. Compensation of current officers, directors and key employees was $40k (9.3% of expenses). Other salaries and wages came to $278k. At year end it held assets of $18k against liabilities of $14k, net assets of $4,746. It reported 19 employees.