Randy & Renee Clark Ministries Inc

Analysis

Randy & Renee Clark Ministries Inc is a registered charity in United States, based in Beaumont, TX. It received its IRS tax-exemption ruling in May 2004, 22 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, Randy & Renee Clark Ministries Inc reported income of $720k and spending of $283k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $527k to $720k (+37%), an average of +8.1% a year. The sharpest change came in the year to December 2023, when income rose by 1260%. Over the whole period it spent 40% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Randy & Renee Clark Ministries Inc 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 79th percentile within TX. Charities of a similar size with the same main cause include Leadership Ministries Worldwide ($720k), Sri Kamakshi Community Center Inc ($720k) and Lubavitch Chabad of Westborough Inc ($720k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 0.9% of the total. Compensation of current officers, directors and key employees was $9,002 (3.2% of expenses). Other salaries and wages came to $9,144. At year end it held assets of $1.2m against liabilities of $10k, net assets of $1.1m.