Salt & Light Partners
Analysis
Salt & Light Partners is a registered charity in United States, based in Rochester, MN. It received its IRS tax-exemption ruling in March 2022, 4 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, Salt & Light Partners reported income of $226k and spending of $181k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $120k to $226k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 81% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Salt & Light Partners sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Cyrus Ministries ($226k), Christ Community Church in the Bronx Inc ($226k) and Waymaker International Ministries ($226k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% and program service revenue 27% of the total. Compensation of current officers, directors and key employees was $32k (18% of expenses). Other salaries and wages came to $75k. At year end it held assets of $148k against liabilities of $36k, net assets of $111k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 70%
- Program services 27%
- Other 2.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Cyrus Ministries | Torrance | $226k |
| Christ Community Church in the Bronx Inc | Bronx | $226k |
| Waymaker International Ministries | Peachtree Corners | $226k |
| R3stored | Independence | $226k |