Royal Ministries Inc

Analysis

Royal Ministries Inc is a registered charity in United States, based in Jackson, MI. It received its IRS tax-exemption ruling in February 2004, 22 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Royal Ministries Inc reported income of $2.2m and spending of $2.1m, spending 97% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.7m to $2.2m (+27%), an average of +8.2% a year. The sharpest change came in the year to June 2022, when income rose by 25%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Royal Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 87th percentile within MI. Charities of a similar size with the same main cause include Manchester Educational Foundation Inc ($2.2m), River Montessori Charter School ($2.2m) and An Achievable Dream Virginia Beach Inc ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Other salaries and wages came to $1.0m. At year end it held assets of $2.5m against liabilities of $379k, net assets of $2.1m. It reported 97 employees.