Winsome Ministries
Analysis
Winsome Ministries is a registered charity in United States, based in Fort Collins, CO. It received its IRS tax-exemption ruling in April 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 December 2023, Winsome Ministries reported income of $111k and spending of $103k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $619k to $111k (-82%), an average of -82% a year. The sharpest change came in the year to December 2023, when income dropped by 82%. Over the whole period it spent 86% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Winsome Ministries sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 36th percentile within CO. Charities of a similar size with the same main cause include Dominion International Network of Ministries & Churches ($111k), Gods Living Stones ($111k) and H20 Water of Life Ministries ($111k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.4% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.
Income and spending
Where the income comes from
- Contributions & grants 99%
- Program services 1.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dominion International Network of Ministries & Churches | Abilene | $111k |
| Gods Living Stones | Omaha | $111k |
| H20 Water of Life Ministries | Petersburg | $111k |
| Friends of Vietnam Ministries | HGHLNDS Ranch | $111k |