Pauls Perseverance Intercession Ministries

Analysis

Pauls Perseverance Intercession Ministries is a registered charity in United States, based in Wylie, TX. It received its IRS tax-exemption ruling in June 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Pauls Perseverance Intercession Ministries reported income of $77k and spending of $188k, spending 246% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $77k (-50%), an average of -50% a year. The sharpest change came in the year to December 2023, when income dropped by 50%. Over the whole period it spent 152% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Pauls Perseverance Intercession Ministries sits at the 26th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 31st percentile within TX. Charities of a similar size with the same main cause include Grace to Glory Discipleship Ministries Inc ($76k), Hawaii Mainland Chinese Overseas Association Inc ($77k) and Omega Lambda Iota Social Action and Scholarship Foundation Inc ($76k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $12k against liabilities of $6,038, net assets of $6,005.