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Bangla Ministries Worldwide

RegisteredEIN 38-3307818Zeeland, MIReligion
Income$372k2023-12
Spending$416ksame year
Spent / received95%5-year average
Size in its cause79th pctReligion
Exempt since1996Publicly supported organisat
Employees3latest return

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

$0$116k$231k$347k$463k2019 Income: $320,9052019 Spending: $278,86920192020 Income: $370,0932020 Spending: $362,79020202021 Income: $353,6962021 Spending: $323,49320212022 Income: $462,6212022 Spending: $408,81720222023 Income: $371,6162023 Spending: $416,3472023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
Dawat-E-Islami IncChicago$372k
Yeshiva Lavreichim Metzuyanim IncBrooklyn$372k
Blazing Hope RanchDayton$372k
Friends of Our Lady of Martyrs Shrine IncFultonville$372k