Ray Stedman Ministries
Analysis
Ray Stedman Ministries is a registered charity in United States, based in Sonora, CA. It received its IRS tax-exemption ruling in September 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, Ray Stedman Ministries reported income of $101k and spending of $53k, leaving 48% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income grew from $100k to $101k (+1.5%), an average of +0.5% a year. The sharpest change came in the year to December 2023, when income rose by 19%. Over the whole period it spent 55% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Ray Stedman Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 40th percentile within CA. Charities of a similar size with the same main cause include Keren Zichron Yisroel Meier Inc ($101k), Together for Christ ($101k) and Lutheran Hispanic Missionaryinstitute ($101k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 0.5% of the total. At year end it held assets of $501k against liabilities of $0, net assets of $501k.
Income and spending
Where the income comes from
- Contributions & grants 87%
- Program services 0.5%
- Other 13%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Keren Zichron Yisroel Meier Inc | Brooklyn | $101k |
| Together for Christ | Haltom City | $101k |
| Lutheran Hispanic Missionaryinstitute | El Paso | $101k |
| Destine House of Pray | Saint Louis | $101k |