Book of Acts Ministries Inc

Analysis

Book of Acts Ministries Inc is a registered charity in United States, based in Tehachapi, CA. It received its IRS tax-exemption ruling in January 2024, 2 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Book of Acts Ministries Inc reported income of $82k and spending of $76k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $16k to $82k (+416%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 487%. Over the whole period it spent 86% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Book of Acts Ministries Inc sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within CA. Charities of a similar size with the same main cause include Compassion for Truth and Hope Ministries ($82k), Tong Jue Si ($82k) and Atwater Community Church ($81k).

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 $46k against liabilities of $0, net assets of $46k.