Beall Ministries Inc
Analysis
Beall Ministries Inc is a registered charity in United States, based in Damascus, MD. It received its IRS tax-exemption ruling in October 1990, 36 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Beall Ministries Inc reported income of $686k and spending of $875k, spending 127% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $322k to $686k (+113%), an average of +21% a year. The sharpest change came in the year to December 2020, when income rose by 1287%. Over the whole period it spent 28% of the income it received.
Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Beall Ministries Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 74th percentile within MD. Charities of a similar size with the same main cause include Hearts with Haiti Inc ($686k), Water for Life International ($687k) and The Bethania Foundation ($686k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% of the total. Other salaries and wages came to $87k. At year end it held assets of $8.7m against liabilities of $383, net assets of $8.7m. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 43%
- Other 57%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hearts with Haiti Inc | Raleigh | $686k |
| Water for Life International | Deer Park | $687k |
| The Bethania Foundation | Ann Arbor | $686k |
| Experience International | Bellingham | $687k |