Read Memorial Christian Center

Analysis

Read Memorial Christian Center is a registered charity in United States, based in Sedalia, MO. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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, Read Memorial Christian Center reported income of $306k and spending of $259k, spending 85% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $278k to $306k (+10%), an average of +2.5% a year. Over the whole period it spent 92% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Read Memorial Christian Center sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 59th percentile within MO. Charities of a similar size with the same main cause include St Marks Terrace Dundee H D F Corp ($306k), Bigger Vision of Athens Inc ($306k) and Mission Accomplished ($306k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 97% of the total. Other salaries and wages came to $32k. At year end it held assets of $2.1m against liabilities of $1.1m, net assets of $957k. It reported 1 employees.