Ministry Builders Inc

Analysis

Ministry Builders Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Ministry Builders Inc reported income of $354k and spending of $351k, spending 99% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $29k to $354k (+1143%), an average of +253% a year. The sharpest change came in the year to December 2022, when income rose by 1072%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Ministry Builders Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 69th percentile within TX. Charities of a similar size with the same main cause include Comunidad Connect ($354k), MK College Link ($355k) and Community Asylum Seekers Project Inc ($354k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% and program service revenue 48% of the total. At year end it held assets of $244k against liabilities of $404, net assets of $244k.