Eternal Glorious Fountain Ministry

Analysis

Eternal Glorious Fountain Ministry is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in February 2023, 3 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Eternal Glorious Fountain Ministry reported income of $120k and spending of $104k, spending 87% of its income. Across the 2 years on record, from June 2023 to June 2024, income fell from $148k to $120k (-19%), an average of -19% a year. The sharpest change came in the year to June 2024, when income dropped by 19%. Over the whole period it spent 87% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Eternal Glorious Fountain Ministry sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Kids Get Fit ($120k), Elgin Senior Citizen & Community Center ($120k) and Pay It Forward Charleston ($120k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 7.4% and program service revenue 93% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.