Redeeming the Nations Ministries Inc

Analysis

Redeeming the Nations Ministries Inc is a registered charity in United States, based in Beaverton, OR. It received its IRS tax-exemption ruling in August 2010, 16 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, Redeeming the Nations Ministries Inc reported income of $261k and spending of $270k, spending 103% of its income. Across the 6 years on record, from December 2018 to December 2023, income grew from $227k to $261k (+15%), an average of +2.8% a year. The sharpest change came in the year to December 2022, when income rose by 17%. Over the whole period it spent 89% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redeeming the Nations Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OR. Charities of a similar size with the same main cause include St Sophia Greek Orthodox Church ($261k), Global Broadcasting Service of Hawaii ($261k) and Boathouse Ministry ($261k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $72k (27% of expenses). Other salaries and wages came to $46k. At year end it held assets of $387k against liabilities of $0, net assets of $387k.