Compete4him Ministries Inc

Analysis

Compete4him Ministries Inc is a registered charity in United States, based in Ralph, AL. It received its IRS tax-exemption ruling in June 2019, 7 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, Compete4him Ministries Inc reported income of $626k and spending of $471k, leaving 25% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $175k to $626k (+257%), an average of +29% a year. The sharpest change came in the year to December 2019, when income rose by 117%. Over the whole period it spent 70% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, Compete4him Ministries 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 73rd percentile, and in the 77th percentile within AL. Charities of a similar size with the same main cause include North Wake County Baseball Association Inc ($626k), Police Athletic League of Hallandale Beach Inc ($626k) and Friends of Port Rowing Inc ($625k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 18% of the total. Compensation of current officers, directors and key employees was $72k (15% of expenses). Other salaries and wages came to $42k. At year end it held assets of $1.2m against liabilities of $229k, net assets of $971k. It reported 2 employees.