Refuge Ministries Inc

Analysis

Refuge Ministries Inc is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in April 2010, 16 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Refuge Ministries Inc reported income of $119k and spending of $121k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $113k to $119k (+5.3%), an average of +1.3% a year. The sharpest change came in the year to December 2023, when income dropped by 42%. Over the whole period it spent 98% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Refuge Ministries Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 42nd percentile within OH. Charities of a similar size with the same main cause include Walden School Parent Teacher Organization Inc ($119k), Edmondson Elementary School Parents & Teachers Organization ($119k) and Verde Valley Imagination Library ($119k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 32% and program service revenue 68% of the total. At year end it held assets of $2,354 against liabilities of $27k, net assets of -$25k.