Benchmark Ministries

Analysis

Benchmark Ministries is a registered charity in United States, based in Robbins, NC. It received its IRS tax-exemption ruling in November 2005, 21 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, Benchmark Ministries reported income of $1.2m and spending of $370k, leaving 70% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $309k to $1.2m (+295%), an average of +32% a year. The sharpest change came in the year to December 2019, when income rose by 151%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Benchmark Ministries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 82nd percentile within NC. Charities of a similar size with the same main cause include Holyland Christians Society Inc ($1.2m), Trinity Center for World Mission Inc ($1.2m) and H I S Bridge Builders Inc ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% and program service revenue 3.3% of the total. Compensation of current officers, directors and key employees was $48k (13% of expenses). Other salaries and wages came to $74k. At year end it held assets of $3.7m against liabilities of $161k, net assets of $3.5m. It reported 5 employees.