Berean Assembly Ministries Inc

Analysis

Berean Assembly Ministries Inc is a registered charity in United States, based in Wichita, KS. It received its IRS tax-exemption ruling in November 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, Berean Assembly Ministries Inc reported income of $422k and spending of $418k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $499k to $422k (-15%), an average of -4.1% a year. The sharpest change came in the year to December 2021, when income dropped by 19%. 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, Berean Assembly Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within KS. Charities of a similar size with the same main cause include Mina Ministries Inc ($422k), Consumed Ministries ($422k) and Tower of Refuge ($421k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m. It reported 3 employees.