Vassal Ministries

Analysis

Vassal Ministries is a registered charity in United States, based in North Pole, AK. It received its IRS tax-exemption ruling in May 2020, 6 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, Vassal Ministries reported income of $129k and spending of $112k, spending 87% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $129k (-24%), an average of -24% a year. The sharpest change came in the year to December 2023, when income dropped by 24%. Over the whole period it spent 57% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vassal Ministries sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 38th percentile within AK. Charities of a similar size with the same main cause include Compassionate Eyes Inc ($129k), Grupo de Oracion Y Ayuno Corp ($129k) and Temple Israel Foundation Inc ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.8% of the total. At year end it held assets of $148k against liabilities of $496, net assets of $147k.