Border Buddies Ministries Inc

Analysis

Border Buddies Ministries Inc is a registered charity in United States, based in Elmira, NY. It received its IRS tax-exemption ruling in October 2006, 20 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, Border Buddies Ministries Inc reported income of $235k and spending of $251k, spending 107% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income fell from $275k to $235k (-14%), an average of -5.0% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Border Buddies Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 54th percentile within NY. Charities of a similar size with the same main cause include Al-Madinah Community Center ($235k), New Hope Ministries of Saint Augustine Inc ($235k) and Global Peace Women ($235k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 50% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $18k (7.2% of expenses). At year end it held assets of $324k against liabilities of $57k, net assets of $268k.