Bloc Ministries

Analysis

Bloc Ministries is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in September 2016, 10 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, Bloc Ministries reported income of $2.6m and spending of $2.5m, spending 95% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $475k to $2.6m (+451%), an average of +135% a year. The sharpest change came in the year to December 2022, when income rose by 173%. Over the whole period it spent 92% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Bloc Ministries sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within TN. Charities of a similar size with the same main cause include Hugh Obrian Youth Leadership ($2.6m), Crossover Mission Inc ($2.6m) and Dorothy Day House a Nonprofit Public Benefit Corporation ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $23k against liabilities of $8,000, net assets of $15k. It reported 93 employees.