Believers Miracle Deliverance Ministries

Analysis

Believers Miracle Deliverance Ministries is a registered charity in United States, based in Utica, NY. It received its IRS tax-exemption ruling in January 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Believers Miracle Deliverance Ministries reported income of $112k and spending of $79k, leaving 30% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $105k to $112k (+6.4%), an average of +3.1% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 82% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Believers Miracle Deliverance Ministries sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within NY. Charities of a similar size with the same main cause include Birmingham Tres Dias ($112k), Thinking Out Loud Together Inc ($112k) and Salem Islamic Center ($112k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 9.4% and program service revenue 91% of the total. At year end it held assets of $314k against liabilities of $142k, net assets of $172k.