Bma Tenpoint Inc

Analysis

Bma Tenpoint Inc is a registered charity in United States, based in Roxbury, MA. It received its IRS tax-exemption ruling in January 2001, 25 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, Bma Tenpoint Inc reported income of $840k and spending of $864k, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $646k to $840k (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 52%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bma Tenpoint Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within MA. Charities of a similar size with the same main cause include Oasis Ministries ($840k), Volunteers Improving Neighborhood Environments Vines ($841k) and CBM Ministries ($840k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% and program service revenue 2.7% of the total. Compensation of current officers, directors and key employees was $120k (14% of expenses). Other salaries and wages came to $236k. At year end it held assets of $695k against liabilities of $112k, net assets of $584k.