15 57 Ministries Inc

Analysis

15 57 Ministries Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2000, 26 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, 15 57 Ministries Inc reported income of $103k and spending of $116k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $133k to $103k (-23%), an average of -23% a year. The sharpest change came in the year to December 2023, when income dropped by 23%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 15 57 Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 38th percentile, and in the 40th percentile within TX. Charities of a similar size with the same main cause include St Peter Church of God Inc ($103k), Linc San Antonio ($103k) and Why Me Ministries ($103k).

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 $31k against liabilities of $0, net assets of $31k.