Bible Faith Lutheran Ministries to India Inc

Analysis

Bible Faith Lutheran Ministries to India Inc is a registered charity in United States, based in Greenfield, MN. It received its IRS tax-exemption ruling in July 1986, 40 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, Bible Faith Lutheran Ministries to India Inc reported income of $146k and spending of $157k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $152k to $146k (-3.9%), an average of -3.9% a year. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bible Faith Lutheran Ministries to India Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 47th percentile, and in the 44th percentile within MN. Charities of a similar size with the same main cause include Amigos de Jesus Ministry ($146k), Palisades Church a NJ Nonprofit Corporation ($146k) and Fundamental Baptist Fellowship International ($146k).

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 $94k against liabilities of $0, net assets of $94k.