Basics Christian Ministries Inc

Analysis

Basics Christian Ministries Inc is a registered charity in United States, based in Cliffside, NC. It received its IRS tax-exemption ruling in June 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, Basics Christian Ministries Inc reported income of $123k and spending of $122k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $112k to $123k (+10.0%), an average of +10% a year. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Basics Christian Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 40th percentile within NC. Charities of a similar size with the same main cause include New Beginnings House of Prayer ($123k), Christian Learning Centers of Augusta ($123k) and Sharing Life Ministries Inc ($123k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 61% of the total. At year end it held assets of $363k against liabilities of $87k, net assets of $276k.