Vladimir Savchuk Ministries

Analysis

Vladimir Savchuk Ministries is a registered charity in United States, based in Pasco, WA. It received its IRS tax-exemption ruling in January 2021, 5 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, Vladimir Savchuk Ministries reported income of $1.5m and spending of $1.3m, spending 88% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $501k to $1.5m (+206%), an average of +75% a year. The sharpest change came in the year to December 2022, when income rose by 141%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vladimir Savchuk Ministries sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include No Greater Joy Ministries Inc ($1.5m), Jannah Institute ($1.5m) and Restoring the Soul Inc ($1.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $184k (14% of expenses). Other salaries and wages came to $408k. At year end it held assets of $580k against liabilities of $22k, net assets of $558k. It reported 10 employees.