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Blackaby Ministries International Inc

RegisteredEIN 20-0573979Jonesboro, GAReligion
Income$853k2023-12
Spending$915ksame year
Spent / received84%6-year average
Size in its cause90th pctReligion
Exempt since2005Publicly supported organisat
Employees10latest return

Analysis

Blackaby Ministries International Inc is a registered charity in United States, based in Jonesboro, GA. It received its IRS tax-exemption ruling in October 2005, 21 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, Blackaby Ministries International Inc reported income of $853k and spending of $915k, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $760k to $853k (+12%), an average of +2.3% a year. The sharpest change came in the year to December 2023, when income dropped by 41%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Blackaby Ministries International 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 81st percentile within GA. Charities of a similar size with the same main cause include Contemplative Outreach Ltd ($853k), Nyingma Institute ($854k) and Kingdom Rain Inc ($852k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% and program service revenue 28% of the total. Compensation of current officers, directors and key employees was $323k (35% of expenses). Other salaries and wages came to $190k. At year end it held assets of $1.5m against liabilities of $28k, net assets of $1.5m. It reported 10 employees.

Income and spending

$0$363k$726k$1.1m$1.5m2018 Income: $759,9202018 Spending: $766,04320182019 Income: $791,4822019 Spending: $760,91020192020 Income: $774,5572020 Spending: $703,19320202021 Income: $1,062,0222021 Spending: $767,91220212022 Income: $1,452,5942022 Spending: $898,11920222023 Income: $853,0792023 Spending: $914,7352023
IncomeSpending

Where the income comes from

  • Contributions & grants 61%
  • Program services 28%
  • Other 11%

Similar-sized charities, same cause

CharityLocationIncome
Contemplative Outreach LtdWest Milford$853k
Nyingma InstituteBerkeley$854k
Kingdom Rain IncTowson$852k
Ananda Mandir IncSomerset$854k