Betty Jones Ministries

Analysis

Betty Jones Ministries is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in February 1964, 62 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Betty Jones Ministries reported income of $164k and spending of $230k, spending 140% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $145k to $164k (+13%), an average of +13% a year. Over the whole period it spent 129% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Betty Jones Ministries sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 53rd percentile within TX. Charities of a similar size with the same main cause include Pas de Vie Inc ($164k), Eastridge Recreation Assn ($164k) and Volunteers of America Inc ($164k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $13k against liabilities of $65k, net assets of -$52k.