Redemption Evangelistic Ministries

Analysis

Redemption Evangelistic Ministries is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in September 1994, 32 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, Redemption Evangelistic Ministries reported income of $391k and spending of $375k, spending 96% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2 to $391k (+19558750%), an average of +2003% a year. The sharpest change came in the year to December 2020, when income rose by 39341300%. Over the whole period it spent 122% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redemption Evangelistic Ministries sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Jewish Jewels Inc ($391k), Serve Wenatchee Valley ($391k) and Christian Missions Overseas Inc ($391k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $39k against liabilities of $0, net assets of $39k.