Off the Chain Ministries Inc
Analysis
Off the Chain Ministries Inc is a registered charity in United States, based in Middleburg, FL. It received its IRS tax-exemption ruling in August 2006, 20 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 December 2023, Off the Chain Ministries Inc reported income of $166k and spending of $132k, leaving 21% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $212k to $166k (-22%), an average of -12% a year. The sharpest change came in the year to December 2022, when income dropped by 38%. Over the whole period it spent 72% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Off the Chain Ministries Inc 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 49th percentile, and in the 53rd percentile within FL. Charities of a similar size with the same main cause include Hillel the Foundation for Jewish Campus Life ($166k), Brave Global ($166k) and Mercy and Grace Ministries Inc ($165k).
On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 83% and program service revenue 14% of the total. At year end it held assets of $318k against liabilities of $0, net assets of $318k.
Income and spending
Where the income comes from
- Contributions & grants 83%
- Program services 14%
- Other 2.5%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hillel the Foundation for Jewish Campus Life | San Luis Obispo | $166k |
| Brave Global | Long Beach | $166k |
| Mercy and Grace Ministries Inc | Discovery Bay | $165k |
| Topeka North Outreach Inc | Topeka | $166k |