Believing God Ministries Inc

Analysis

Believing God Ministries Inc is a registered charity in United States, based in Lamar, AR. It received its IRS tax-exemption ruling in July 2013, 13 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Believing God Ministries Inc reported income of $56k and spending of $74k, spending 133% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $55k to $56k (+2.1%), an average of +2.1% a year. Over the whole period it spent 112% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Believing God Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 20th percentile within AR. Charities of a similar size with the same main cause include Texas Family Institute ($56k), Marriage and Family Savers Ministries Inc ($56k) and Christians Concerned for the Community Inc ($56k).

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 $7,984 against liabilities of $0, net assets of $7,984.