Teen Blast Ministries

Analysis

Teen Blast Ministries is a registered charity in United States, based in Sharpsville, IN. It received its IRS tax-exemption ruling in August 2001, 25 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 2022, Teen Blast Ministries reported income of $126k and spending of $150k, spending 119% of what it took in. Across the 2 years on record, from December 2021 to December 2022, income fell from $180k to $126k (-30%), an average of -30% a year. The sharpest change came in the year to December 2022, when income dropped by 30%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Teen Blast Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 41st percentile within IN. Charities of a similar size with the same main cause include Faith Partners Inc ($126k), Divine Bliss Foundation Inc ($126k) and Gla Youth Church Inc ($126k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 88% of the total. At year end it held assets of $110k against liabilities of $0, net assets of $110k.