Big Hope Bearden Ministries Inc

Analysis

Big Hope Bearden Ministries Inc is a registered charity in United States, based in Waynesboro, GA. It received its IRS tax-exemption ruling in June 2021, 5 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, Big Hope Bearden Ministries Inc reported income of $160k and spending of $82k, leaving 49% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $68k to $160k (+135%), an average of +135% a year. The sharpest change came in the year to December 2023, when income rose by 135%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Big Hope Bearden Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 52nd percentile within GA. Charities of a similar size with the same main cause include Bridges and Tunnels ($160k), Wisdom Lotus Foundation Inc ($160k) and Gary & Drenda Keesee Ministries Inc ($160k).

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 $142k against liabilities of $1,167, net assets of $141k.