Bma Foundation

Analysis

Bma Foundation is a registered charity in United States, based in Conway, AR. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Bma Foundation reported income of $582k and spending of $42k, leaving 93% of income unspent that year. Across the 5 years on record, from May 2020 to May 2024, income grew from $400k to $582k (+46%), an average of +9.9% a year. The sharpest change came in the year to May 2022, when income rose by 268%. Over the whole period it spent 20% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bma Foundation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 74th percentile within AR. Charities of a similar size with the same main cause include Adullam Ministries Incorporated ($582k), Skatechurch Inc ($583k) and The Church of Joy ($582k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $7,200. At year end it held assets of $2.4m against liabilities of $153k, net assets of $2.2m.