Berean Prison Ministry Inc

Analysis

Berean Prison Ministry Inc is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Berean Prison Ministry Inc reported income of $208k and spending of $168k, spending 81% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $283k to $208k (-26%), an average of -9.7% a year. The sharpest change came in the year to March 2021, when income rose by 87%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Berean Prison Ministry Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Maroun Family Foundation Cash ($208k), Latin American Ministry ($208k) and Training Pastors International ($208k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $16k (9.5% of expenses). At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m.