Bo Melin Ministries

Analysis

Bo Melin Ministries is a registered charity in United States, based in Fairbanks, AK. It received its IRS tax-exemption ruling in January 2002, 24 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, Bo Melin Ministries reported income of $101k and spending of $38k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $66k to $101k (+54%), an average of +54% a year. The sharpest change came in the year to December 2023, when income rose by 54%. Over the whole period it spent 48% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bo Melin Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 32nd percentile within AK. Charities of a similar size with the same main cause include Sri Venkateshwara Cultural Center ($101k), Kentucky Blasting Conference ($101k) and Voice in the Wilderness Ministries ($101k).

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 $98k against liabilities of $0, net assets of $98k.