Amazon Basin Ministries Inc

Analysis

Amazon Basin Ministries Inc is a registered charity in United States, based in Waco, TX. It received its IRS tax-exemption ruling in May 2020, 6 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, Amazon Basin Ministries Inc reported income of $239k and spending of $230k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $161k to $239k (+48%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Amazon Basin Ministries Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 61st percentile within TX. Charities of a similar size with the same main cause include Sparrow Ministries Inc ($239k), World Family Missions Inc ($239k) and Phuoc Binh Monastery ($239k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $52k. At year end it held assets of $44k against liabilities of $0, net assets of $44k. It reported 1 employees.