Religion News Foundation

Analysis

Religion News Foundation is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Religion News Foundation reported income of $1.4m and spending of $3.7m, spending 273% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $1.6m to $1.4m (-16%), an average of -4.1% a year. The sharpest change came in the year to June 2023, when income rose by 152%. Over the whole period it spent 113% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Religion News Foundation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within MO. Charities of a similar size with the same main cause include Tanana Valley State Fair Association Inc ($1.4m), Vaidica Vidhya Ganapathi Center Inc ($1.4m) and California Zoroastrian Center ($1.4m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 62% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $289k (7.8% of expenses). Other salaries and wages came to $1.3m. At year end it held assets of $4.2m against liabilities of $329k, net assets of $3.9m.