Bangla Ministries Worldwide
Analysis
Bangla Ministries Worldwide is a registered charity in United States, based in Zeeland, MI. It received its IRS tax-exemption ruling in November 1996, 30 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, Bangla Ministries Worldwide reported income of $372k and spending of $416k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $321k to $372k (+16%), an average of +3.7% a year. The sharpest change came in the year to December 2022, when income rose by 31%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Bangla Ministries Worldwide sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within MI. Charities of a similar size with the same main cause include Dawat-E-Islami Inc ($372k), Yeshiva Lavreichim Metzuyanim Inc ($372k) and Blazing Hope Ranch ($372k).
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 $58k (14% of expenses). Other salaries and wages came to $86k. At year end it held assets of $158k against liabilities of $5,017, net assets of $153k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Dawat-E-Islami Inc | Chicago | $372k |
| Yeshiva Lavreichim Metzuyanim Inc | Brooklyn | $372k |
| Blazing Hope Ranch | Dayton | $372k |
| Friends of Our Lady of Martyrs Shrine Inc | Fultonville | $372k |