Bineham Mission Foundation
Analysis
Bineham Mission Foundation is a registered charity in United States, based in Georgetown, TX. It received its IRS tax-exemption ruling in July 2003, 23 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, Bineham Mission Foundation reported income of $100k and spending of $89k, spending 89% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $113k to $100k (-12%), an average of -12% a year. Over the whole period it spent 118% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Bineham Mission Foundation sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 39th percentile within TX. Charities of a similar size with the same main cause include Psalm68five Ministries ($100k), Marjaa Inc ($100k) and Gods Kingdom Ministry ($100k).
On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 87% of the total. At year end it held assets of $177k against liabilities of $316, net assets of $177k.
Income and spending
Where the income comes from
- Program services 87%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Psalm68five Ministries | McKinney | $100k |
| Marjaa Inc | Wixom | $100k |
| Gods Kingdom Ministry | Minneapolis | $100k |
| Lightsat Inc | Naples | $100k |