R a G E Ministries Inc

Analysis

R a G E Ministries Inc is a registered charity in United States, based in Roanoke, TX. It received its IRS tax-exemption ruling in May 2003, 23 years ago. Its declared purposes cover education, which this site groups under education and training. 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, R a G E Ministries Inc reported income of $386k and spending of $412k, spending 107% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $274k to $386k (+41%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 90% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, R a G E Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 71st percentile within TX. Charities of a similar size with the same main cause include Richland Library Friends and Foundation ($386k), Alice Fong Yu Parents Association ($386k) and City of Richmond Public Library Foundation ($386k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 50% of the total. Compensation of current officers, directors and key employees was $106k (26% of expenses). Other salaries and wages came to $30k. At year end it held assets of $181k against liabilities of $0, net assets of $181k. It reported 2 employees.