Blood N Fire Ministry of Alaska
Analysis
Blood N Fire Ministry of Alaska is a registered charity in United States, based in Wasilla, AK. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Blood N Fire Ministry of Alaska reported income of $1.0m and spending of $848k, spending 83% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $483k to $1.0m (+110%), an average of +28% a year. The sharpest change came in the year to June 2023, when income rose by 69%. Over the whole period it spent 92% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Blood N Fire Ministry of Alaska sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within AK. Charities of a similar size with the same main cause include Healing Grace Ministries Inc ($1.0m), Replicate Ministries Inc ($1.0m) and Sikhnet Inc ($1.0m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% and program service revenue 2.3% of the total. Compensation of current officers, directors and key employees was $71k (8.3% of expenses). Other salaries and wages came to $182k. At year end it held assets of $242k against liabilities of $961, net assets of $241k. It reported 8 employees.
Income and spending
Where the income comes from
- Contributions & grants 97%
- Program services 2.3%
- Other 1.1%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Healing Grace Ministries Inc | Canyon Country | $1.0m |
| Replicate Ministries Inc | Hendersonvlle | $1.0m |
| Sikhnet Inc | Cypress | $1.0m |
| The Hope Center of Hendersonville Inc | Hendersonvlle | $1.0m |