Beyth Pelet Ministries Inc

Analysis

Beyth Pelet Ministries Inc is a registered charity in United States, based in North Myrtle Beach, SC. It received its IRS tax-exemption ruling in November 1993, 33 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, Beyth Pelet Ministries Inc reported income of $124k and spending of $132k, spending 107% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $124k (-12%), an average of -12% a year. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Beyth Pelet 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 48th percentile within SC. Charities of a similar size with the same main cause include Atlanta Chin Emmauel Church ($124k), Church of God Oasis de Amor ($124k) and American Friends of JRCC Inc ($124k).

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 $23k against liabilities of $0, net assets of $23k.