Ground Zero Ministries Inc

Analysis

Ground Zero Ministries Inc is a registered charity in United States, based in Deansboro, NY. It received its IRS tax-exemption ruling in March 2019, 7 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 August 2023, Ground Zero Ministries Inc reported income of $68k and spending of $88k, spending 129% of what it took in. Across the 2 years on record, from August 2022 to August 2023, income fell from $105k to $68k (-35%), an average of -35% a year. The sharpest change came in the year to August 2023, when income dropped by 35%. Over the whole period it spent 117% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ground Zero Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within NY. Charities of a similar size with the same main cause include Good Steward Mission International ($68k), Wonders of the Creator Inc ($68k) and Friends of Bluestone Inc ($68k).

On its Form 990-EZ for the period ending August 2023, revenue came from contributions and grants 38% of the total. At year end it held assets of $9,562 against liabilities of $0, net assets of $9,562.