Beauty for Ashes Ministries

Analysis

Beauty for Ashes Ministries is a registered charity in United States, based in Cave City, AR. It received its IRS tax-exemption ruling in April 2022, 4 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Beauty for Ashes Ministries reported income of $83k and spending of $78k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $127k to $83k (-35%), an average of -35% a year. The sharpest change came in the year to December 2023, when income dropped by 35%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Beauty for Ashes Ministries sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within AR. Charities of a similar size with the same main cause include Sweet Dream in a Bag ($83k), Destin House Inc ($83k) and Red Oak Healing Center ($83k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 109% of the total. At year end it held assets of $116k against liabilities of $22k, net assets of $94k.