Champions Forever Ministries Inc

Analysis

Champions Forever Ministries Inc is a registered charity in United States, based in Elkton, SD. It received its IRS tax-exemption ruling in June 2007, 19 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, Champions Forever Ministries Inc reported income of $139k and spending of $180k, spending 129% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $171k to $139k (-19%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Champions Forever Ministries Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 42nd percentile within SD. Charities of a similar size with the same main cause include Islamic Educational & Cultural Rese Arch Center ($139k), Dominion Ministries International Inc ($139k) and David Young Evangelistic Association Inc ($139k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 58% of the total. At year end it held assets of $74k against liabilities of $0, net assets of $74k.