Best Family Ministries

Analysis

Best Family Ministries is a registered charity in United States, based in Hoover, AL. It received its IRS tax-exemption ruling in January 2015, 11 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, Best Family Ministries reported income of $136k and spending of $124k, spending 92% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $151k to $136k (-10.0%), an average of -10% a year. 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, Best Family Ministries sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within AL. Charities of a similar size with the same main cause include Strategic Kingdom Building Ministries Inc ($136k), Fujian Longtoujing Ancestral Temple Inc ($136k) and TKC Ministries Inc ($136k).

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 $14k against liabilities of $0, net assets of $14k.