Bill Rudge Ministries of Living Truth Inc

Analysis

Bill Rudge Ministries of Living Truth Inc is a registered charity in United States, based in Hermitage, PA. It received its IRS tax-exemption ruling in February 1978, 48 years ago. 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, Bill Rudge Ministries of Living Truth Inc reported income of $387k and spending of $169k, leaving 56% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $209k to $387k (+85%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 65%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bill Rudge Ministries of Living Truth Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 64th percentile within PA. Charities of a similar size with the same main cause include Faithsearch International ($387k), Smokey Hollow Housing Development Fund Company Inc ($387k) and Music Academy International Inc ($387k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $49k (29% of expenses). Other salaries and wages came to $8,274. At year end it held assets of $461k against liabilities of $0, net assets of $461k. It reported 5 employees.