Moline Ministries 2 Inc

Analysis

Moline Ministries 2 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 2022, Moline Ministries 2 Inc reported income of $1.1m and spending of $184k, leaving 83% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $296k to $1.1m (+260%), an average of +53% a year. The sharpest change came in the year to December 2022, when income rose by 288%. Over the whole period it spent 57% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Moline Ministries 2 Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within CO. Charities of a similar size with the same main cause include Lutheran Housing Services Number 1incorporated ($1.1m), Cornerstones Housing Corporation ($1.1m) and Rebuilding Together Broward County Inc ($1.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.2% and program service revenue 0.5% of the total. Other salaries and wages came to $19k. At year end it held assets of $0 against liabilities of $0, net assets of $0.