Grace Haven Biblical Renewalministries Inc

Analysis

Grace Haven Biblical Renewalministries Inc is a registered charity in United States, based in Millersburg, IN. It received its IRS tax-exemption ruling in September 2014, 12 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 March 2024, Grace Haven Biblical Renewalministries Inc reported income of $299k and spending of $345k, spending 115% of what it took in. Across the 5 years on record, from March 2020 to March 2024, income grew from $211k to $299k (+42%), an average of +9.1% a year. The sharpest change came in the year to March 2021, when income rose by 71%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Grace Haven Biblical Renewalministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within IN. Charities of a similar size with the same main cause include Sampson Amoateng Ministries ($299k), Isaiah 43 19 Project ($300k) and For My People Ministry ($299k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 110% of the total. Compensation of current officers, directors and key employees was $177k (51% of expenses). Other salaries and wages came to $90k. At year end it held assets of $513k against liabilities of $9,581, net assets of $503k. It reported 5 employees.