Collision Ministries Inc

Analysis

Collision Ministries Inc is a registered charity in United States, based in Sioux Falls, SD. It received its IRS tax-exemption ruling in March 2009, 17 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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 June 2023, Collision Ministries Inc reported income of $1.5m and spending of $1.2m, spending 80% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $892k to $1.5m (+63%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 22%. Over the whole period it spent 85% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Collision Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 82nd percentile within SD. Charities of a similar size with the same main cause include Students Run Philly Style ($1.4m), The3pointfoundation Inc ($1.5m) and Boys & Girls Club of Washington County Inc ($1.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 104% of the total. Other salaries and wages came to $737k. At year end it held assets of $968k against liabilities of $2,473, net assets of $966k. It reported 62 employees.