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Paula Ratchford Ministries

RegisteredEIN 20-5115842Dearborn, MIReligion
Income$171k2022-12
Spending$163ksame year
Spent / received93%2-year average
Size in its cause60th pctReligion
Exempt since2007Publicly supported organisat
Employees–latest return

Analysis

Paula Ratchford Ministries is a registered charity in United States, based in Dearborn, MI. 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 2022, Paula Ratchford Ministries reported income of $171k and spending of $163k, spending 95% of its income. Across the 2 years on record, from December 2021 to December 2022, income grew from $154k to $171k (+11%), an average of +11% a year. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Paula Ratchford Ministries sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within MI. Charities of a similar size with the same main cause include Good News Church of Christ Holiness USA Inc ($171k), Gamboa Union Ministries ($171k) and Iglesia de Dios Torre Fuerte ($171k).

On its Form 990-EZ for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $271k against liabilities of $248k, net assets of $24k.

Income and spending

$0$43k$85k$128k$171k2021 Income: $153,7442021 Spending: $138,06320212022 Income: $170,6732022 Spending: $162,6162022
IncomeSpending

Where the income comes from

  • Contributions & grants 100%
  • Other 0.5%

Similar-sized charities, same cause

CharityLocationIncome
Good News Church of Christ Holiness USA IncPasadena$171k
Gamboa Union MinistriesBryn Mawr$171k
Iglesia de Dios Torre FuertePrescott Vly$171k
RestorationcityHungerford$171k