B&l Missionary Foundation

Analysis

B&l Missionary Foundation is a registered charity in United States, based in Shelbyville, TN. It received its IRS tax-exemption ruling in December 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, B&l Missionary Foundation reported income of $3.0m and spending of $3.1m, spending 104% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $1.6m to $3.0m (+87%), an average of +13% a year. The sharpest change came in the year to December 2019, when income rose by 53%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, B&l Missionary Foundation sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 90th percentile within TN. Charities of a similar size with the same main cause include National Association of State Departments of Agriculture ($3.0m), Mercy Health Foundation Springfield ($3.0m) and Samaritan Center for Counseling and Pastoral Care Inc ($3.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% and program service revenue 3.9% of the total. Other salaries and wages came to $649k. At year end it held assets of $867k against liabilities of $340k, net assets of $527k. It reported 20 employees.