Rejoicing in Grace Ministries International Inc

Analysis

Rejoicing in Grace Ministries International Inc is a registered charity in United States, based in Caledonia, WI. It received its IRS tax-exemption ruling in July 1998, 28 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, Rejoicing in Grace Ministries International Inc reported income of $107k and spending of $131k, spending 122% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $107k (-36%), an average of -36% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rejoicing in Grace Ministries International Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Hope for the Maasai ($107k), Go Forth International Inc ($107k) and Sword Productions ($107k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $50k against liabilities of $0, net assets of $50k.