Believers Arena Ministry Inc

Analysis

Believers Arena Ministry Inc is a registered charity in United States, based in Tahlequah, OK. It received its IRS tax-exemption ruling in June 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Believers Arena Ministry Inc reported income of $69k and spending of $48k, leaving 30% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $38k to $69k (+83%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 49%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Believers Arena Ministry Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 26th percentile within OK. Charities of a similar size with the same main cause include A Channel of Peace ($69k), Small Church Ministries Inc ($69k) and One Minute Apologist Inc ($69k).

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 $28k against liabilities of $0, net assets of $28k.