Bible Outreach Ministries

Analysis

Bible Outreach Ministries is a registered charity in United States, based in West Columbia, TX. It received its IRS tax-exemption ruling in September 1986, 40 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, Bible Outreach Ministries reported income of $454k and spending of $215k, leaving 53% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $229k to $454k (+99%), an average of +19% a year. The sharpest change came in the year to December 2023, when income rose by 222%. 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, Bible Outreach Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Olive Branch Ministries International ($454k), Northern Light Ministries ($454k) and Church Partnership Evangelism ($454k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $23k (11% of expenses). At year end it held assets of $248k against liabilities of $0, net assets of $248k.