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Berean International Ministries

RegisteredEIN 72-1387151Bay Springs, MSReligion
Income$56k2023-12
Spending$46ksame year
Spent / received79%2-year average
Size in its cause24th pctReligion
Exempt since1997Publicly supported organisat
Employees–latest return

Analysis

Berean International Ministries is a registered charity in United States, based in Bay Springs, MS. It received its IRS tax-exemption ruling in December 1997, 29 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, Berean International Ministries reported income of $56k and spending of $46k, spending 83% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $68k to $56k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Berean International Ministries sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within MS. Charities of a similar size with the same main cause include Mision Cristiana El Calvario California ($56k), Sons and Daughters Inc ($56k) and Holy Spirit Ministries International Inc ($56k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $117k against liabilities of $0, net assets of $117k.

Income and spending

$0$17k$34k$51k$68k2022 Income: $67,8302022 Spending: $51,32120222023 Income: $55,7542023 Spending: $46,1872023
IncomeSpending

Where the income comes from

  • Contributions & grants 99%
  • Other 1.3%

Similar-sized charities, same cause

CharityLocationIncome
Mision Cristiana El Calvario CaliforniaDaly City$56k
Sons and Daughters IncMarietta$56k
Holy Spirit Ministries International IncClaremore$56k
Gomadis InternationalSioux Falls$56k