Princeton Ministries 4 Inc

Analysis

Princeton Ministries 4 Inc is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 2016, 10 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Princeton Ministries 4 Inc reported income of $411k and spending of $451k, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $364k to $411k (+13%), an average of +3.1% a year. Over the whole period it spent 112% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Princeton Ministries 4 Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 64th percentile within CO. Charities of a similar size with the same main cause include Village to Village Network LLC ($411k), Ahepa 284 Inc ($411k) and Esther House of Stanly County ($411k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 15% of the total. At year end it held assets of $2.9m against liabilities of $1.0m, net assets of $1.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.