Rest Ministries Inc

Analysis

Rest Ministries Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in March 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 2023, Rest Ministries Inc reported income of $220k and spending of $150k, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $153k to $220k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2020, when income rose by 24%. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rest Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within IN. Charities of a similar size with the same main cause include Christ Community Church Smyrna ($220k), 424 Church ($220k) and Interfaith Community Partners ($220k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $8,048 (5.4% of expenses). At year end it held assets of $1.9m against liabilities of $1.2m, net assets of $644k.