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Ray Stedman Ministries

RegisteredEIN 27-0382878Sonora, CAReligion
Income$101k2023-12
Spending$53ksame year
Spent / received55%4-year average
Size in its cause43rd pctReligion
Exempt since2009Publicly supported organisat
Employees0latest return

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

$0$25k$51k$76k$101k2020 Income: $99,8752020 Spending: $37,73920202021 Income: $84,1002021 Spending: $59,96820212022 Income: $85,4442022 Spending: $55,09720222023 Income: $101,3792023 Spending: $52,7862023
IncomeSpending

Where the income comes from

  • Contributions & grants 87%
  • Program services 0.5%
  • Other 13%

Similar-sized charities, same cause

CharityLocationIncome
Keren Zichron Yisroel Meier IncBrooklyn$101k
Together for ChristHaltom City$101k
Lutheran Hispanic MissionaryinstituteEl Paso$101k
Destine House of PraySaint Louis$101k