Bloc Ministries Inc

Analysis

Bloc Ministries Inc is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in December 1999, 27 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, Bloc Ministries Inc reported income of $4.9m and spending of $3.7m, leaving 25% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.3m to $4.9m (+281%), an average of +31% a year. The sharpest change came in the year to December 2020, when income rose by 74%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bloc Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within OH. Charities of a similar size with the same main cause include Christian Ministry Alliance ($4.8m), Wisconsin Evangelical Lutheran Synod Kingdom Workers Inc ($4.9m) and Greater St Stephen Ministries ($4.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. Compensation of current officers, directors and key employees was $54k (1.5% of expenses). Other salaries and wages came to $1.7m. At year end it held assets of $9.1m against liabilities of $463k, net assets of $8.6m. It reported 117 employees.