Breaking Ground Missions Inc

Analysis

Breaking Ground Missions Inc is a registered charity in United States, based in Crestview, FL. It received its IRS tax-exemption ruling in May 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 December 2023, Breaking Ground Missions Inc reported income of $724k and spending of $914k, spending 126% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $42k to $724k (+1606%), an average of +76% a year. The sharpest change came in the year to December 2019, when income rose by 309%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Breaking Ground Missions Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 78th percentile within FL. Charities of a similar size with the same main cause include Monastery of Jesus Mary and Joseph Foundation ($724k), Kids Krusade Inc ($724k) and Arctic Barnabas Ministries Inc ($723k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $54k (5.9% of expenses). Other salaries and wages came to $117k. At year end it held assets of $136k against liabilities of $436, net assets of $135k. It reported 3 employees.