Royal Divinity Industries Inc
Analysis
Royal Divinity Industries Inc is a registered charity in United States, based in Birmingham, AL. It received its IRS tax-exemption ruling in September 2014, 12 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, Royal Divinity Industries Inc reported income of $1.6m and spending of $1.6m, spending 98% of its income. Across the 4 years on record, from December 2020 to December 2023, income fell from $3.6m to $1.6m (-56%), an average of -24% a year. The sharpest change came in the year to December 2022, when income dropped by 47%. Over the whole period it spent 99% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Royal Divinity Industries Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 88th percentile within AL. Charities of a similar size with the same main cause include Chosen Vision ($1.6m), His Way at Work ($1.6m) and North Carolina Foundation for Christian Ministries ($1.6m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $77k. At year end it held assets of $270k against liabilities of $6,491, net assets of $264k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 100%
- Other 0.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Chosen Vision | Grand Ledge | $1.6m |
| His Way at Work | Spartanburg | $1.6m |
| North Carolina Foundation for Christian Ministries | Mount Olive | $1.6m |
| The Olympic Club Foundation | San Mateo | $1.6m |