Resourcing Now Ministries

Analysis

Resourcing Now Ministries is a registered charity in United States, based in Aplington, IA. It received its IRS tax-exemption ruling in April 2012, 14 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, Resourcing Now Ministries reported income of $242k and spending of $227k, spending 94% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $256k to $242k (-5.2%), an average of -2.7% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Resourcing Now Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 59th percentile within IA. Charities of a similar size with the same main cause include Fountain of Life International Ministries Inc ($242k), Guru Nanak Gurudawara a Nevada Nonprofit Corporation ($242k) and Soar Global Inc ($242k).

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 $79k. At year end it held assets of $32k against liabilities of $0, net assets of $32k.