Shining Bright Outreach Ministries

Analysis

Shining Bright Outreach Ministries is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in January 1998, 28 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 2022, Shining Bright Outreach Ministries reported income of $104k and spending of $83k, leaving 20% of income unspent that year. Across the 2 years on record, from December 2021 to December 2022, income grew from $66k to $104k (+56%), an average of +56% a year. The sharpest change came in the year to December 2022, when income rose by 56%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Shining Bright Outreach Ministries 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 38th percentile, and in the 37th percentile within TN. Charities of a similar size with the same main cause include Islamic Education Society of Maryland Inc ($104k), Central Texas Tres Dias Inc ($104k) and PR 22 6 Resource Ministry Inc ($104k).

On its Form 990-EZ for the period ending December 2022, revenue came from program service revenue 100% of the total. At year end it held assets of $12k against liabilities of $13k, net assets of -$763.