Holy Spirit Renewal Ministries in American Baptist Churches

Analysis

Holy Spirit Renewal Ministries in American Baptist Churches is a registered charity in United States, based in Lansing, MI. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Holy Spirit Renewal Ministries in American Baptist Churches reported income of $100k and spending of $95k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $93k to $100k (+7.3%), an average of +7.3% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holy Spirit Renewal Ministries in American Baptist Churches sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within MI. Charities of a similar size with the same main cause include Glendora High School Football Boosters Club ($100k), Greenstage ($100k) and Saint Barnabas Chaplaincy Service ($100k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 39% and program service revenue 57% of the total. At year end it held assets of $169k against liabilities of $0, net assets of $169k.