Building Blocks Ministries Inc

Analysis

Building Blocks Ministries Inc is a registered charity in United States, based in Groveland, FL. It received its IRS tax-exemption ruling in October 2007, 19 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 2022, Building Blocks Ministries Inc reported income of $868k and spending of $443k, leaving 49% of income unspent that year. Across the 4 years on record, from December 2019 to December 2022, income grew from $476k to $868k (+82%), an average of +22% a year. The sharpest change came in the year to December 2022, when income rose by 121%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Building Blocks Ministries Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 80th percentile within FL. Charities of a similar size with the same main cause include Nathan Smith Ministries ($868k), Polis Institute Inc ($868k) and Camp Tapawingo Inc ($868k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 62% and program service revenue 38% of the total. Other salaries and wages came to $272k. At year end it held assets of $1.3m against liabilities of $570k, net assets of $764k. It reported 15 employees.