Radiance Ministries

Analysis

Radiance Ministries is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in November 2015, 11 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. 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, Radiance Ministries reported income of $271k and spending of $248k, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $248k to $271k (+9.1%), an average of +2.2% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 80% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, Radiance Ministries sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 64th percentile within TX. Charities of a similar size with the same main cause include Hillsborough Arts Council ($271k), Coleman Center for the Arts ($271k) and Banzerini House ($271k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $160k (65% of expenses). At year end it held assets of $385k against liabilities of $2,591, net assets of $383k.