Refuge Ministries Inc

Analysis

Refuge Ministries Inc is a registered charity in United States, based in Lexington, KY. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Refuge Ministries Inc reported income of $1.0m and spending of $920k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $601k to $1.0m (+72%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 59%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Refuge Ministries Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 81st percentile within KY. Charities of a similar size with the same main cause include Make-A-Wish Foundation of Wyoming ($1.0m), Consortium Information Services Inc ($1.0m) and Tri-Community Ambulance ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $581k. At year end it held assets of $1.5m against liabilities of $21k, net assets of $1.4m. It reported 11 employees.