Puget Sound Strategic Ministreis

Analysis

Puget Sound Strategic Ministreis is a registered charity in United States, based in Tacoma, WA. It received its IRS tax-exemption ruling in March 2000, 26 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 September 2023, Puget Sound Strategic Ministreis reported income of $167k and spending of $158k, spending 94% of its income. Across the 2 years on record, from September 2022 to September 2023, income grew from $148k to $167k (+13%), an average of +13% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Puget Sound Strategic Ministreis sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 46th percentile within WA. Charities of a similar size with the same main cause include United Carpenters for Christ Inc ($167k), Jewish Values Institute ($167k) and Victory House Christian Academy ($167k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. At year end it held assets of $101k against liabilities of $0, net assets of $101k.