Vertical Ministries

Analysis

Vertical Ministries is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in April 2026. 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, Vertical Ministries reported income of $249k and spending of $252k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $253k to $249k (-1.5%), an average of -0.4% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Vertical Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include Iglesia de Jesucristo Canaan ($249k), Servanthood Ministries Inc ($249k) and Morasha Heritage Lakewood Kiruv Project ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $99k. At year end it held assets of $97k against liabilities of $6,020, net assets of $91k. It reported 2 employees.