Ed Bousman Evangelistic Association

Analysis

Ed Bousman Evangelistic Association is a registered charity in United States, based in Covington, KY. It received its IRS tax-exemption ruling in September 1966, 60 years ago. 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, Ed Bousman Evangelistic Association reported income of $242k and spending of $242k, spending 100% of its income. Across the 6 years on record, from December 2018 to December 2023, income fell from $337k to $242k (-28%), an average of -6.4% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ed Bousman Evangelistic Association sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 57th percentile within KY. Charities of a similar size with the same main cause include Delaware Horsemens Assistance Fund Inc ($242k), 100 Black Men of South Metro Inc ($242k) and Islamic Center of Rhode Island Inc ($242k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $20k (8.4% of expenses). Other salaries and wages came to $14k. At year end it held assets of $14k against liabilities of $0, net assets of $14k.