Paradise Bound Ministries Inc

Analysis

Paradise Bound Ministries Inc is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in June 1998, 28 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, Paradise Bound Ministries Inc reported income of $2.4m and spending of $2.1m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $2.4m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2022, when income rose by 62%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paradise Bound Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within MI. Charities of a similar size with the same main cause include World Compassion Fellowship Inc ($2.4m), Sanctuary Clinics Inc ($2.4m) and Bais Chabad of Kalkaska Inc ($2.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 21% of the total. At year end it held assets of $3.1m against liabilities of $45k, net assets of $3.1m. It reported 8 employees.