Public Charity

Blessed Ministries Inc

Blessed Ministries Inc is a Public Charity headquartered in Newark, NJ. Financial data from the 2021 filing: $2.0M revenue, $1.9M expenses, $1.2M total assets. 3 publicly reported grants to this organization, totaling roughly $105K, appear in IRS filings.

EIN: 061549887 Newark, NJ Protestant NTEE: X21 Latest filing: 2021
Total Revenue$2.0M
Total Expenses$1.9M
Total Assets$1.2M
Grant Records3
Funding Total$105K
Filing Years2020–2021

Mission

BMI Mission is to focus on connecting economically disadvantaged workers with mainstream companies. This mission is accomplished by providing employment through placement assistance to unemployed disadvantaged individuals such as welfare recipients, ex-offenders, substance absuers, veterans, and other individually situated from various communities and backgrounds.

Where $100 goes at Blessed Ministries Inc

How Blessed Ministries Inc divides every $100 it spends, from its own Form 990 filings, averaged across 2 years.

$83 Programs the work itself
$17 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $83 for programs

$83
Program services are employment, training, and housing services for incarcerated and disadvantaged individuals
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2021. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2022
Community Employment
$40,000
2020
Community Employment - Employment / Transition to Work programs
$40,000
2018
Community Employment - Employment / Transition to Work programs
$25,000

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

Trustee Joseph Robinson Jr
Chairman Lester S Shelley
Director Lisa Lacon
Trustee Roberta Shannon
Executive Dir. Sean Lacon

Officer compensation and complete director data available with membership.

Top Grant Purposes

Economic Development
$105,000 3 grants

Financial Trends

Year Revenue Expenses Assets
2021 $2.0M $1.9M $1.2M
2020 $1.2M $1.3M $1.1M

Between 2020 and 2021, reported annual revenue grew from $1.2M to $2.0M (+63%), with total assets most recently reported at $1.2M.

Interactive year-over-year charts and full filing details available with membership.

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