Relational Care Ministries Inc

Analysis

Relational Care Ministries Inc is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 2008, 18 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Relational Care Ministries Inc reported income of $2.5m and spending of $2.6m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $2.5m (+54%), an average of +11% a year. The sharpest change came in the year to December 2022, when income rose by 36%. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Relational Care Ministries Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 91st percentile within TX. Charities of a similar size with the same main cause include The Ellie Fund ($2.5m), Riverway Learning Community ($2.5m) and Potash Hill Inc ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $426k (17% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $145k against liabilities of $2,640, net assets of $143k. It reported 42 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.