Edge Venture Ministries Inc

Analysis

Edge Venture Ministries Inc is a registered charity in United States, based in Novi, MI. It received its IRS tax-exemption ruling in July 2020, 6 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Edge Venture Ministries Inc reported income of $97k and spending of $109k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $84k to $97k (+15%), an average of +15% a year. Over the whole period it spent 111% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Edge Venture Ministries Inc sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 35th percentile within MI. Charities of a similar size with the same main cause include Catholic Mission Aid ($97k), Chabad of Coral Way Inc ($97k) and Reaching the Nations Inc ($97k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. At year end it held assets of $18k against liabilities of $0, net assets of $18k.