Bayo Adeyokunnu Ministries International Inc

Analysis

Bayo Adeyokunnu Ministries International Inc is a registered charity in United States, based in Bowie, MD. It received its IRS tax-exemption ruling in July 2014, 12 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, Bayo Adeyokunnu Ministries International Inc reported income of $102k and spending of $91k, spending 89% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $70k to $102k (+46%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 101%. Over the whole period it spent 70% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bayo Adeyokunnu Ministries International Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within MD. Charities of a similar size with the same main cause include Sports Challenge ($102k), International Christian Partners LLC ($102k) and India Mission for Evangelism Inc ($102k).

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 $100k against liabilities of $0, net assets of $100k.