Preaching Camp Ministries

Analysis

Preaching Camp Ministries is a registered charity in United States, based in Allen, TX. It received its IRS tax-exemption ruling in June 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, Preaching Camp Ministries reported income of $69k and spending of $49k, leaving 28% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $155k to $69k (-56%), an average of -56% a year. The sharpest change came in the year to December 2023, when income dropped by 56%. Over the whole period it spent 47% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Preaching Camp Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Seed Time Inc ($69k), Children S Rosary Inc ($69k) and World Help Center Inc ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $118k against liabilities of $299, net assets of $118k.