Rain Down Ministries

Analysis

Rain Down Ministries is a registered charity in United States, based in Laurel, MS. It received its IRS tax-exemption ruling in July 2007, 19 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, Rain Down Ministries reported income of $468k and spending of $296k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $440k to $468k (+6.3%), an average of +1.5% a year. The sharpest change came in the year to December 2021, when income rose by 74%. Over the whole period it spent 76% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rain Down Ministries sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within MS. Charities of a similar size with the same main cause include Beth-El Congregation Endowment ($468k), Shadowcreek Muslim Community Center Inc ($468k) and Keren Uforatzto Inc ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% and program service revenue 12% of the total. Compensation of current officers, directors and key employees was $48k (16% of expenses). At year end it held assets of $866k against liabilities of $350k, net assets of $516k. It reported 1 employees.