Soul Savage Ministries Inc

Analysis

Soul Savage Ministries Inc is a registered charity in United States, based in Knoxville, TN. It received its IRS tax-exemption ruling in April 2023, 3 years ago. Its declared purposes cover mental health and crisis intervention, which this site groups under health and saving lives. 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 2022, Soul Savage Ministries Inc reported income of $610k and spending of $640k, spending 105% of its income. Across the 2 years on record, from December 2021 to December 2022, income fell from $1.1m to $610k (-46%), an average of -46% a year. The sharpest change came in the year to December 2022, when income dropped by 46%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Soul Savage Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 75th percentile within TN. Charities of a similar size with the same main cause include Housing4humanity ($610k), Capitol Hill Crisis Pregnancy Center ($610k) and Iowa Heart Foundation ($610k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $271k. At year end it held assets of $245k against liabilities of $170k, net assets of $75k.