Betts Ministries

Analysis

Betts Ministries is a registered charity in United States, based in Caney, OK. It received its IRS tax-exemption ruling in October 2009, 17 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, Betts Ministries reported income of $158k and spending of $165k, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $93k to $158k (+70%), an average of +14% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 69% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Betts Ministries sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 49th percentile within OK. Charities of a similar size with the same main cause include Good News Ministries of Tampa Bay Inc ($158k), Mision Cristiana Peniel ($158k) and Hebrew Free Loan Assoc of San Antonio ($158k).

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 $652k against liabilities of $541, net assets of $651k.