Philanthropy & Grantmaking
(T99Z)
990 on File
B A S I C MINISTRIES INC
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
61/100
Impact (25%)
No data yet
CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2023
$32K
Total Revenue
$52K
Total Expenses
$142K
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
82.7%
Fundraising Efficiency
N/A
Operating Reserve
32.45x
Liability-to-Asset
N/A
Revenue Diversification
79.1%
Compared with Peers
FY 2023
Compared with 34,291 similar organizations
(United States, Philanthropy & Grantmaking, under $100K in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
82.7% | 86.7% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.5 mo | 137.0 mo |
P10P90
|
Bottom quarter |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
79.1% | 95.5% |
P10P90
|
Above median |
|
Revenue growth
Year over year revenue growth
|
1107.1% | -0.2% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
425.4% | -4.3% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
-65.3% | -0.6% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $32K | $52K | $142K | 82.7% | — |
| 2022 | $3K | $10K | $163K | 38.0% | — |
| 2021 | $11K | $94K | N/A | — | 1 |
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