Religious & Theological Abstracts Inc

Analysis

Religious & Theological Abstracts Inc is a registered charity in United States, based in Myerstown, PA. It received its IRS tax-exemption ruling in January 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Religious & Theological Abstracts Inc reported income of $79k and spending of $108k, spending 136% of what it took in. Across the 2 years on record, from June 2022 to June 2023, income fell from $106k to $79k (-25%), an average of -25% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 112% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Religious & Theological Abstracts Inc sits at the 31st percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within PA. Charities of a similar size with the same main cause include Weirton Baseball Association Inc ($79k), The Nicodemus Center for Ceramic Studies Inc ($80k) and Ptsa Connecticut Inc ($79k).

On its Form 990-EZ for the period ending June 2023, revenue came from program service revenue 99% of the total. At year end it held assets of $4,599 against liabilities of $13k, net assets of -$8,389.