Word on the Street Homeless Ministries Inc

Analysis

Word on the Street Homeless Ministries Inc is a registered charity in United States, based in Christmas, FL. It received its IRS tax-exemption ruling in June 2024, 2 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, Word on the Street Homeless Ministries Inc reported income of $108k and spending of $130k, spending 121% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $41k to $108k (+162%), an average of +62% a year. The sharpest change came in the year to December 2022, when income rose by 181%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Word on the Street Homeless Ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Yada Factor Inc ($108k), Fort Wayne Bhajan Society Inc ($108k) and Transformed Hearts Ministries Inc ($108k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of -$2,204 against liabilities of $0, net assets of -$2,204.