Broken Stone Ministries

Analysis

Broken Stone Ministries is a registered charity in United States, based in Jacksonville, AL. It received its IRS tax-exemption ruling in December 1984, 42 years ago. 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 March 2024, Broken Stone Ministries reported income of $305k and spending of $266k, spending 87% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $295k to $305k (+3.6%), an average of +0.9% a year. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Broken Stone Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 63rd percentile within AL. Charities of a similar size with the same main cause include Sagrada Scholarship Bible Camp Inc ($305k), Road Runners Club of America ($305k) and Okeeheelee BMX Parents Council Inc ($305k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 55% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $30k (11% of expenses). Other salaries and wages came to $62k. At year end it held assets of $456k against liabilities of $0, net assets of $456k. It reported 1 employees.