Bible Made Simple Ministries

Analysis

Bible Made Simple Ministries is a registered charity in United States, based in Clanton, AL. It received its IRS tax-exemption ruling in November 1964, 62 years ago. 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, Bible Made Simple Ministries reported income of $65k and spending of $67k, spending 102% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $57k to $65k (+15%), an average of +15% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bible Made Simple Ministries sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within AL. Charities of a similar size with the same main cause include 1794 Meetinghouse Inc ($65k), Senior Citizens of Charles City Area ($65k) and Murdoch Center Foundation Inc ($65k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $24k against liabilities of $10k, net assets of $14k.