Woven Ministry
Analysis
Woven Ministry is a registered charity in United States, based in LA Grange, TX. It received its IRS tax-exemption ruling in July 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2024, Woven Ministry reported income of $131k and spending of $119k, spending 90% of its income. Over the whole period it spent 80% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Woven Ministry sits at the 53rd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within TX. Charities of a similar size with the same main cause include Nejat Foundation ($131k), 2remain1 Ministries ($131k) and Iglesia Restauracion Canaan Corporation ($131k).
On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 80% and program service revenue 22% of the total. At year end it held assets of $49k against liabilities of $843, net assets of $48k.
Income and spending
Where the income comes from
- Contributions & grants 79%
- Program services 21%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Nejat Foundation | Bell Gardens | $131k |
| 2remain1 Ministries | Scottsdale | $131k |
| Iglesia Restauracion Canaan Corporation | Sioux City | $131k |
| Hispanic Leadership Initiative | Charlotte | $131k |