Brian Farley Ministries

Analysis

Brian Farley Ministries is a registered charity in United States, based in Cantonment, FL. It received its IRS tax-exemption ruling in July 2018, 8 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, Brian Farley Ministries reported income of $87k and spending of $49k, leaving 44% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $94k to $87k (-6.5%), an average of -6.5% a year. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Brian Farley Ministries 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 South Indian Music Academy ($87k), Veterans Memorial Park of America Inc ($87k) and Amboy Territorial Days Assn ($87k).

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 $69k against liabilities of $0, net assets of $69k.