Billy Burns Ministries Inc

Analysis

Billy Burns Ministries Inc is a registered charity in United States, based in Lakeland, FL. It received its IRS tax-exemption ruling in May 1988, 38 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, Billy Burns Ministries Inc reported income of $87k and spending of $86k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $65k to $87k (+33%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 33%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Billy Burns Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Reddick Mansion Association ($87k), National Birth Defects Prevention Network Inc ($87k) and Amateur Athletic Union of the United States Inc ($87k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7,686 against liabilities of $0, net assets of $7,686.