Bob Shafer Ministries Inc

Analysis

Bob Shafer Ministries Inc is a registered charity in United States, based in Kingfisher, OK. It received its IRS tax-exemption ruling in November 2003, 23 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, Bob Shafer Ministries Inc reported income of $71k and spending of $80k, spending 113% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $59k to $71k (+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 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bob Shafer Ministries Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include Welcome to My Fathers House ($71k), Northwest Sufi Camp ($71k) and Tag of Chicago Illinois ($71k).

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 $1 against liabilities of $0, net assets of $1.