Wounded Spirits Ministries Inc

Analysis

Wounded Spirits Ministries Inc is a registered charity in United States, based in Winona Lake, IN. It received its IRS tax-exemption ruling in December 2021, 5 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Wounded Spirits Ministries Inc reported income of $184k and spending of $167k, spending 91% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $221k to $184k (-17%), an average of -17% a year. The sharpest change came in the year to December 2023, when income dropped by 17%. Over the whole period it spent 99% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Wounded Spirits Ministries Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 51st percentile within IN. Charities of a similar size with the same main cause include Niskayuna Baseball Ltd ($184k), Hersey Boys Feeder Basketball ($184k) and N Y a C Athletes Fund Inc ($184k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $53k against liabilities of $0, net assets of $53k.