Radstock Ministries

Analysis

Radstock Ministries is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in October 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Radstock Ministries reported income of $692k and spending of $755k, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $586k to $692k (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Radstock Ministries sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 48th percentile within DC. Charities of a similar size with the same main cause include Edge Mentoring Inc ($692k), Shree Pashupatinath Foundation USA ($693k) and American Friends of Chabad Lubavitch Aruba Inc ($692k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 1.0% of the total. Compensation of current officers, directors and key employees was $161k (21% of expenses). Other salaries and wages came to $92k. At year end it held assets of $268k against liabilities of $2,500, net assets of $265k. It reported 6 employees.