Bennett Ministries Inc

Analysis

Bennett Ministries Inc is a registered charity in United States, based in Detroit, MI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bennett Ministries Inc reported income of $67k and spending of $66k, spending 99% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $67k (-0.4%), an average of -0.4% a year. 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, Bennett Ministries Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 26th percentile within MI. Charities of a similar size with the same main cause include Temple Beth-El Endowment Fund ($67k), Kollel Ari Yerucham Inc ($67k) and Fundacion Ministerio Pentecostes Vida de Cristo ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $2,064 against liabilities of $0, net assets of $2,064.