BBT Online Ministry Inc

Analysis

BBT Online Ministry Inc is a registered charity in United States, based in Alachua, FL. It received its IRS tax-exemption ruling in August 2017, 9 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, BBT Online Ministry Inc reported income of $107k and spending of $161k, spending 151% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $219k to $107k (-51%), an average of -51% a year. The sharpest change came in the year to December 2023, when income dropped by 51%. Over the whole period it spent 91% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, BBT Online Ministry Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within FL. Charities of a similar size with the same main cause include Raba Leadership Initiative Inc ($107k), Emmaus Encounter Inc ($107k) and Dandridge Ministerial Association ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 64% of the total. At year end it held assets of $62k against liabilities of $11k, net assets of $51k.