Bucket Ministry

Analysis

Bucket Ministry is a registered charity in United States, based in Fate, TX. It received its IRS tax-exemption ruling in January 2017, 9 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Bucket Ministry reported income of $4.1m and spending of $3.1m, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $953k to $4.1m (+330%), an average of +44% a year. The sharpest change came in the year to December 2020, when income rose by 93%. Over the whole period it spent 75% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Bucket Ministry sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within TX. Charities of a similar size with the same main cause include Public International Law and Policy Group ($4.1m), Junior Achievement USA ($4.1m) and Revived Soldiers Ukraine ($4.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $84k (2.7% of expenses). Other salaries and wages came to $413k. At year end it held assets of $3.5m against liabilities of $203k, net assets of $3.3m. It reported 9 employees.