Masterbuilt Ministries

Analysis

Masterbuilt Ministries is a registered charity in United States, based in Navasota, TX. It received its IRS tax-exemption ruling in November 2022, 4 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Masterbuilt Ministries reported income of $127k and spending of $106k, spending 84% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $54k to $127k (+136%), an average of +136% a year. The sharpest change came in the year to December 2023, when income rose by 136%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Masterbuilt Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 46th percentile within TX. Charities of a similar size with the same main cause include Lit Bible Study ($127k), River City Evangelical Church ($127k) and Bace ($127k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $593k against liabilities of $512k, net assets of $81k.