Mt Olive Bethel Harmony District Religious & Education Ministry Inc

Analysis

Mt Olive Bethel Harmony District Religious & Education Ministry Inc is a registered charity in United States, based in Louisville, MS. It received its IRS tax-exemption ruling in December 2020, 6 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, Mt Olive Bethel Harmony District Religious & Education Ministry Inc reported income of $63k and spending of $62k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $28k to $63k (+120%), an average of +120% a year. The sharpest change came in the year to December 2023, when income rose by 120%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Mt Olive Bethel Harmony District Religious & Education Ministry Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 25th percentile within MS. Charities of a similar size with the same main cause include Reviving Nations Inc ($63k), Ocean City Ecumenical Council Inc ($63k) and Fourth Day Ministries Inc ($63k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 1.8% and program service revenue 76% of the total. At year end it held assets of $34k against liabilities of $0, net assets of $34k.