Broom Tree Ministries Inc

Analysis

Broom Tree Ministries Inc is a registered charity in United States, based in Pleasant PR, WI. It received its IRS tax-exemption ruling in July 2002, 24 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, Broom Tree Ministries Inc reported income of $126k and spending of $155k, spending 123% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $162k to $126k (-22%), an average of -22% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Broom Tree Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 42nd percentile within WI. Charities of a similar size with the same main cause include Prodigal Restoration Ministries Inc ($126k), Sozo Ministries Inc ($126k) and Milwaukee Alliance for Jewish Reconnection Inc ($126k).

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 $68k against liabilities of $0, net assets of $68k.