Robert J Morgan Ministries
Analysis
Robert J Morgan Ministries is a registered charity in United States, based in Nashville, TN. It received its IRS tax-exemption ruling in May 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, Robert J Morgan Ministries reported income of $325k and spending of $409k, spending 126% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $272k to $325k (+19%), an average of +4.5% a year. The sharpest change came in the year to December 2022, when income rose by 46%. Over the whole period it spent 94% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Robert J Morgan Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Hope Universal Inc ($325k), Alabama Christian Radio Inc ($325k) and Gospel Rocks Ranch Inc ($325k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $159k (39% of expenses). Other salaries and wages came to $24k. At year end it held assets of $503k against liabilities of $0, net assets of $503k. It reported 3 employees.
Income and spending
Where the income comes from
- Contributions & grants 95%
- Other 4.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Universal Inc | Seneca | $325k |
| Alabama Christian Radio Inc | Opelika | $325k |
| Gospel Rocks Ranch Inc | Kingsland | $325k |
| Laughter for All Inc | Corona | $325k |