Bob Russell Ministries Inc

Analysis

Bob Russell Ministries Inc is a registered charity in United States, based in Louisville, KY. It received its IRS tax-exemption ruling in June 2006, 20 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, Bob Russell Ministries Inc reported income of $304k and spending of $303k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $259k to $304k (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Bob Russell Ministries Inc sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 62nd percentile within KY. Charities of a similar size with the same main cause include Be Merciful ($304k), Yellowstone Theological Institute ($304k) and Im in Ministry ($304k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $36k (12% of expenses). At year end it held assets of $476k against liabilities of $7,347, net assets of $469k.