Respire Ministries

Analysis

Respire Ministries is a registered charity in United States, based in Lafayette, LA. It received its IRS tax-exemption ruling in June 2011, 15 years ago. Its declared purposes cover food, agriculture and nutrition, which this site groups under poverty relief. 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, Respire Ministries reported income of $1.0m and spending of $1.2m, spending 123% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $665k to $1.0m (+51%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 35%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Respire Ministries sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 78th percentile within LA. Charities of a similar size with the same main cause include The YWCA of Vermont Inc ($1.0m), Good Samaritan Home Foundation ($1.0m) and Oilfield Helping Hands Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 94% of the total. Compensation of current officers, directors and key employees was $69k (5.6% of expenses). Other salaries and wages came to $612k. At year end it held assets of $2.4m against liabilities of $299k, net assets of $2.1m. It reported 5 employees.