Celebrate Ministries Inc

Analysis

Celebrate Ministries Inc is a registered charity in United States, based in Alma, MI. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Celebrate Ministries Inc reported income of $182k and spending of $220k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $480k to $182k (-62%), an average of -22% a year. The sharpest change came in the year to December 2020, when income dropped by 42%. Over the whole period it spent 102% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Celebrate Ministries Inc 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 52nd percentile, and in the 51st percentile within MI. Charities of a similar size with the same main cause include Friends of Canyon Camp ($182k), Greener Pastures Ministries ($182k) and Carneys Kids Foundation ($182k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $106k (48% of expenses). At year end it held assets of $61k against liabilities of $76k, net assets of -$15k. It reported 1 employees.