Royal Life Ministries Inc

Analysis

Royal Life Ministries Inc is a registered charity in United States, based in Newnan, GA. It received its IRS tax-exemption ruling in March 2007, 19 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Royal Life Ministries Inc reported income of $55k and spending of $54k, spending 98% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $50k to $55k (+10%), an average of +10% a year. Over the whole period it spent 111% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Royal Life Ministries Inc sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 22nd percentile within GA. Charities of a similar size with the same main cause include Ghee Kung Tong Supreme Lodge - Chinese Freemasons of the World ($55k), Jaimie Cox Foundation NFP ($55k) and Detroit Abloom ($55k).

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 $3,197 against liabilities of $0, net assets of $3,197.