Ballard Village Nonprofit Christian Ministries

Analysis

Ballard Village Nonprofit Christian Ministries is a registered charity in United States, based in Fenton, MI. It received its IRS tax-exemption ruling in July 2011, 15 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ballard Village Nonprofit Christian Ministries reported income of $513k and spending of $607k, spending 118% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $411k to $513k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 146% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Ballard Village Nonprofit Christian Ministries sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Bearman Golden Gardens Inc ($513k), Affordable Housing Paso Robles ($513k) and McKemie Place Inc ($513k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 34% and program service revenue 52% of the total. At year end it held assets of $5.5m against liabilities of $8.9m, net assets of -$3.3m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.