My Village Ministries

Analysis

My Village Ministries is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 2021, 5 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, My Village Ministries reported income of $439k and spending of $426k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $158k to $439k (+178%), an average of +67% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 89% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, My Village Ministries sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 68th percentile within OH. Charities of a similar size with the same main cause include Renew Mobility ($439k), Santiagos Charities ($439k) and Ivy Womens Center Inc ($439k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $100k (24% of expenses). Other salaries and wages came to $1,663. At year end it held assets of $255k against liabilities of $14k, net assets of $241k. It reported 16 employees.