Bands Ministries

Analysis

Bands Ministries is a registered charity in United States, based in N Richlnd HLS, TX. It received its IRS tax-exemption ruling in May 2004, 22 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Bands Ministries reported income of $213k and spending of $189k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $250k to $213k (-15%), an average of -3.9% a year. The sharpest change came in the year to December 2020, when income dropped by 33%. Over the whole period it spent 99% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Bands Ministries sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Camp Koinonia Inc ($213k), Columbia County Self-Help ($213k) and Southern Hills Country Club Charitable Foundation Inc ($213k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $175k against liabilities of $599, net assets of $174k.