Blessed Portion Ministries Inc

Analysis

Blessed Portion Ministries Inc is a registered charity in United States, based in Garrett, IN. It received its IRS tax-exemption ruling in December 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Blessed Portion Ministries Inc reported income of $56k and spending of $57k, spending 101% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $37k to $56k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Blessed Portion Ministries Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 19th percentile within IN. Charities of a similar size with the same main cause include Save R Kids Childrens Homes Inc ($56k), Rosemary Montagno Senior Center Inc ($56k) and North Carolina Troopers Association Caisson Unit Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $146, net assets of $50k.