Rushing Streams Ministries Inc

Analysis

Rushing Streams Ministries Inc is a registered charity in United States, based in Hagerstown, MD. It received its IRS tax-exemption ruling in July 2009, 17 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, Rushing Streams Ministries Inc reported income of $53k and spending of $38k, leaving 29% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $41k to $53k (+30%), an average of +30% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rushing Streams Ministries Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 23rd percentile within MD. Charities of a similar size with the same main cause include Refuge of Hope ($53k), Malayali Hindu Mandalam Inc ($53k) and Gkerr Ministries Corp ($53k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $82k against liabilities of $0, net assets of $82k.