Borders Expanded Ministries Inc

Analysis

Borders Expanded Ministries Inc is a registered charity in United States, based in Woodburn, KY. It received its IRS tax-exemption ruling in September 2015, 11 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, Borders Expanded Ministries Inc reported income of $178k and spending of $136k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $178k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Borders Expanded Ministries Inc sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within KY. Charities of a similar size with the same main cause include Moriael and Jedidiah Charities Inc ($178k), Northeast Wisdom Inc ($178k) and Drop Inn Ministries of Iowa ($178k).

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 $232k against liabilities of $277k, net assets of -$46k.