Back 2 Back Ministries Inc

Analysis

Back 2 Back Ministries Inc is a registered charity in United States, based in Mason, OH. It received its IRS tax-exemption ruling in August 1996, 30 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, Back 2 Back Ministries Inc reported income of $14.3m and spending of $15.2m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.1m to $14.3m (+29%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Back 2 Back Ministries Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within OH. Charities of a similar size with the same main cause include Lutheran Metropolitan Ministry ($14.0m), Icatholic Media Inc ($14.5m) and Youth for Christ International Ministries ($13.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 1.3% of the total. Compensation of current officers, directors and key employees was $927k (6.1% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $18.3m against liabilities of $1.2m, net assets of $17.2m. It reported 129 employees.