Starfish Ministries

Analysis

Starfish Ministries is a registered charity in United States, based in Lynden, WA. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Starfish Ministries reported income of $923k and spending of $1.1m, spending 114% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $802k to $923k (+15%), an average of +3.6% a year. The sharpest change came in the year to December 2021, when income rose by 25%. Over the whole period it spent 98% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Starfish Ministries sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within WA. Charities of a similar size with the same main cause include Korea Defense Veterans Association ($923k), Talkisrael Foundation ($924k) and Friends of Access Israel Inc ($922k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. At year end it held assets of $585k against liabilities of $0, net assets of $585k.