Blind Faith Ministries Inc
Analysis
Blind Faith Ministries Inc is a registered charity in United States, based in Princeton, WV. It received its IRS tax-exemption ruling in February 2014, 12 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, Blind Faith Ministries Inc reported income of $284k and spending of $270k, spending 95% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $187k to $284k (+52%), an average of +52% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 97% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Blind Faith Ministries Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 59th percentile within WV. Charities of a similar size with the same main cause include Serra International ($284k), Generosity Foundation ($284k) and Church Music Association of America Inc ($284k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $59k against liabilities of $56k, net assets of $3,716.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Serra International | Saint Louis | $284k |
| Generosity Foundation | Reston | $284k |
| Church Music Association of America Inc | Kiln | $284k |
| Refuge on the Ridge | Lake Wales | $284k |