On Belay Ministries Inc

Analysis

On Belay Ministries Inc is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in June 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, On Belay Ministries Inc reported income of $77k and spending of $75k, spending 97% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $64k to $77k (+20%), an average of +20% a year. The sharpest change came in the year to December 2023, when income rose by 20%. Over the whole period it spent 114% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, On Belay Ministries Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 29th percentile within OR. Charities of a similar size with the same main cause include Sightline Security Corp ($77k), Gno-Abo Charitable and Educational Foundation Inc ($77k) and New Jersey Packaging Executives Club ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $27k against liabilities of $0, net assets of $27k.