Berean Bus Ministry

Analysis

Berean Bus Ministry is a registered charity in United States, based in Metamora, IL. It received its IRS tax-exemption ruling in September 2017, 9 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Berean Bus Ministry reported income of $86k and spending of $69k, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $73k to $86k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2020, when income dropped by 53%. Over the whole period it spent 148% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Berean Bus Ministry sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 34th percentile within IL. Charities of a similar size with the same main cause include Richland County Auxillary Fairhaven Cafeteria ($86k), Wabc Radio Foundation Inc ($86k) and Longreach Foundation Inc ($86k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 38% and program service revenue 58% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.