Peninsula Biblical Counseling Ministries

Analysis

Peninsula Biblical Counseling Ministries is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in September 2015, 11 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Peninsula Biblical Counseling Ministries reported income of $92k and spending of $65k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $92k (+19%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 72% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Peninsula Biblical Counseling Ministries sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 40th percentile within SC. Charities of a similar size with the same main cause include Maria & Josephs Ministry to the Poor ($92k), National Federation of Filipino American Association Nevada ($92k) and Harc Properties Inc ($92k).

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 $107k against liabilities of $0, net assets of $107k.