Fresh Springs Ministries Inc

Analysis

Fresh Springs Ministries Inc is a registered charity in United States, based in Pendleton, IN. It received its IRS tax-exemption ruling in February 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, Fresh Springs Ministries Inc reported income of $153k and spending of $142k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $31k to $153k (+396%), an average of +396% a year. The sharpest change came in the year to December 2023, when income rose by 396%. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Fresh Springs Ministries Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 46th percentile within IN. Charities of a similar size with the same main cause include Jeremiah Tree Inc ($153k), Delta Interfaith ($153k) and 4sarah Inc ($153k).

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 $12k against liabilities of $0, net assets of $12k.