Biblical Mennonite Alliance Inc

Analysis

Biblical Mennonite Alliance Inc is a registered charity in United States, based in Elnora, IN. It received its IRS tax-exemption ruling in August 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Biblical Mennonite Alliance Inc reported income of $3.8m and spending of $4.0m, spending 105% of what it took in. Across the 2 years on record, from June 2020 to June 2023, income grew from $2.5m to $3.8m (+51%), an average of +51% a year. The sharpest change came in the year to June 2023, when income rose by 51%. 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, Biblical Mennonite Alliance Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within IN. Charities of a similar size with the same main cause include Crossnet Ministries ($3.8m), One America Movement ($3.8m) and Gospel Outreach ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $82k (2.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $4.6m against liabilities of $410k, net assets of $4.2m. It reported 94 employees.