Mel Trotter Ministries

Analysis

Mel Trotter Ministries is a registered charity in United States, based in Grand Rapids, MI. It received its IRS tax-exemption ruling in April 1960, 66 years ago. 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 June 2023, Mel Trotter Ministries reported income of $22.9m and spending of $19.9m, spending 87% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.4m to $22.9m (+101%), an average of +19% a year. The sharpest change came in the year to June 2020, when income rose by 54%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mel Trotter Ministries 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 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Pro-Youth ($22.8m), Capital Region Geriatric Center Inc ($22.9m) and Nuestra Clinica Del Valle Inc ($22.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 82% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $426k (2.1% of expenses). Other salaries and wages came to $7.6m. At year end it held assets of $45.7m against liabilities of $19.3m, net assets of $26.4m. It reported 223 employees.