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Ministerial Alliance of Bailey County Inc

RegisteredEIN 92-0852337Muleshoe, TXReligion
Income$63k2023-12
Spending$69ksame year
Spent / received79%2-year average
Size in its cause27th pctReligion
Exempt since2023Publicly supported organisat
Employees–latest return

Analysis

Ministerial Alliance of Bailey County Inc is a registered charity in United States, based in Muleshoe, TX. It received its IRS tax-exemption ruling in February 2023, 3 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, Ministerial Alliance of Bailey County Inc reported income of $63k and spending of $69k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $70k to $63k (-10%), an average of -10% a year. Over the whole period it spent 79% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ministerial Alliance of Bailey County Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 25th percentile, and in the 26th percentile within TX. Charities of a similar size with the same main cause include World Mission 360 Texas ($63k), Chinese Buddhist Cultural Association USA Inc ($63k) and Realms of Glory Faith Churxh ($63k).

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 $74k against liabilities of $0, net assets of $74k.

Income and spending

$0$17k$35k$52k$70k2022 Income: $69,8152022 Spending: $36,01520222023 Income: $62,5152023 Spending: $68,7472023
IncomeSpending

Where the income comes from

  • Contributions & grants 100%

Similar-sized charities, same cause

CharityLocationIncome
World Mission 360 TexasRowlett$63k
Chinese Buddhist Cultural Association USA IncWinter Park$63k
Realms of Glory Faith ChurxhBellingham$63k
Celtic Cove Catholic Bookstore IncOxford$63k