Beautiful Soul Ministries

Analysis

Beautiful Soul Ministries is a registered charity in United States, based in Grand Haven, MI. It received its IRS tax-exemption ruling in June 2014, 12 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, Beautiful Soul Ministries reported income of $68k and spending of $65k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $68k (+9.5%), an average of +9.5% a year. Over the whole period it spent 107% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beautiful Soul Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Love and Worship Center Inc ($68k), Iglesia Evangelica Cristo Viene ($68k) and Operation Grace ($68k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $14k against liabilities of $0, net assets of $14k.