Rose Banner Ministries Inc

Analysis

Rose Banner Ministries Inc is a registered charity in United States, based in Hawthorne, CA. It received its IRS tax-exemption ruling in August 2008, 18 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, Rose Banner Ministries Inc reported income of $75k and spending of $75k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $75k (+50%), an average of +50% a year. The sharpest change came in the year to December 2023, when income rose by 50%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rose Banner Ministries Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 31st percentile within CA. Charities of a similar size with the same main cause include Mega Mission Ministries ($75k), Ten Thousand Flowers Buddhist Association ($75k) and Paracletos Inc ($75k).

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 $1 against liabilities of $0, net assets of $1.