Ray Bird Ministries Inc

Analysis

Ray Bird Ministries Inc is a registered charity in United States, based in South Bend, IN. It received its IRS tax-exemption ruling in July 1970, 56 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ray Bird Ministries Inc reported income of $1.1m and spending of $649k, leaving 42% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $590k to $1.1m (+89%), an average of +17% a year. The sharpest change came in the year to December 2021, when income rose by 117%. Over the whole period it spent 67% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ray Bird Ministries Inc 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 80th percentile, and in the 81st percentile within IN. Charities of a similar size with the same main cause include National Space Society ($1.1m), Morristown-Hamblen Child Care Centers Inc ($1.1m) and County of Mono Economic Development Corporation ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 7.6% of the total. Compensation of current officers, directors and key employees was $64k (9.9% of expenses). Other salaries and wages came to $268k. At year end it held assets of $2.5m against liabilities of $12k, net assets of $2.4m. It reported 50 employees.