Betty Swann Ministries

Analysis

Betty Swann Ministries is a registered charity in United States, based in Amarillo, TX. It received its IRS tax-exemption ruling in March 2007, 19 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, Betty Swann Ministries reported income of $63k and spending of $55k, spending 86% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $208k to $63k (-69%), an average of -33% a year. The sharpest change came in the year to December 2022, when income dropped by 52%. Over the whole period it spent 148% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Betty Swann Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include Goals for Life Project Inc ($63k), Bethesda Changers Chapel ($63k) and Greater New Life Church Inc ($63k).

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 $49k against liabilities of $0, net assets of $49k.