Frank M Reid Ministries Incorporated

Analysis

Frank M Reid Ministries Incorporated is a registered charity in United States, based in Pikesville, MD. It received its IRS tax-exemption ruling in January 2004, 22 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Frank M Reid Ministries Incorporated reported income of $83k and spending of $83k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $83k (+7.7%), an average of +7.7% a year. Over the whole period it spent 104% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Frank M Reid Ministries Incorporated sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 34th percentile within MD. Charities of a similar size with the same main cause include Palo Cedro Community Action Team ($83k), Elijah Movement Alliance Inc ($83k) and Food for Friends ($83k).

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 $2,333 against liabilities of $0, net assets of $2,333.