Rice and Beans Ministries

Analysis

Rice and Beans Ministries is a registered charity in United States, based in Ellisville, MS. It received its IRS tax-exemption ruling in July 2010, 16 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Rice and Beans Ministries reported income of $789k and spending of $638k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $810k to $789k (-2.7%), an average of -0.7% a year. The sharpest change came in the year to December 2021, when income rose by 103%. Over the whole period it spent 99% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Rice and Beans Ministries sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within MS. Charities of a similar size with the same main cause include Revive South Jersey ($787k), Mid-India Church Partners Inc ($789k) and Natun Guatemala ($787k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. At year end it held assets of $229k against liabilities of $150k, net assets of $79k.