Ibtm Inc

Analysis

Ibtm Inc is a registered charity in United States, based in Gainesville, GA. It received its IRS tax-exemption ruling in November 2012, 14 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 August 2024, Ibtm Inc reported income of $223k and spending of $316k, spending 142% of what it took in. Across the 6 years on record, from August 2019 to August 2024, income grew from $221k to $223k (+0.6%), an average of +0.1% a year. The sharpest change came in the year to August 2022, when income rose by 21%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ibtm Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Cleveland Clergy Alliance ($223k), Reaching the Unreached Inc ($223k) and Connection Ministries Inc ($223k).

On its Form 990 for the period ending August 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $413k against liabilities of $0, net assets of $413k.