Belknap Ministries

Analysis

Belknap Ministries is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2014, 12 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, Belknap Ministries reported income of $26.3m and spending of $26.0m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $303k to $26.3m (+8558%), an average of +205% a year. The sharpest change came in the year to December 2021, when income rose by 7273%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Belknap Ministries sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within TX. Charities of a similar size with the same main cause include Bible Study Fellowship ($25.5m), The Tzur Foundation Inc ($26.4m) and Alpha International ($25.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $999k, net assets of $497k.