The Basement Outreach Ministries Inc is located in Warren, OH. The organization was established in 2014. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Basement Outreach Ministries Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2023, Basement Outreach Ministries Inc generated $12.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (14.9%) each year. All expenses for the organization totaled $18.8k during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (9.6%) per year over the past 9 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
HAVE PROVIDED SUBSTANTIAL INTERVENTION TO MODERATE AND LOW INCOME FAMILIES WHO ARE IN NEED OF BASIC HUMANITARIAN CARE AND SUPPORT.
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $12,458 | 
| Total Program Service Revenue | $0 | 
| Membership dues | $0 | 
| Investment income | $0 | 
| Gain or Loss | $0 | 
| Net Income from Gaming & Fundraising | $0 | 
| Other Revenue | $0 | 
| Total Revenue | $12,458 | 
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 | 
| Benefits paid to or for members | $0 | 
| Salaries, other compensation, and employee benefits | $0 | 
| Professional fees and other payments to independent contractors | $550 | 
| Occupancy, rent, utilities, and maintenance | $1,090 | 
| Printing, publications, postage, and shipping | $4,860 | 
| Other expenses | $12,282 | 
| Total expenses | $18,782 | 
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $3,133 | 
| Other assets | $0 | 
| Total assets | $33,491 | 
| Total liabilities | $0 | 
| Net assets or fund balances | $33,491 |