Regenerations Ministries Inc

Analysis

Regenerations Ministries Inc is a registered charity in United States, based in Plainview, TX. It received its IRS tax-exemption ruling in February 2013, 13 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, Regenerations Ministries Inc reported income of $80k and spending of $64k, spending 80% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $60k to $80k (+34%), an average of +34% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Regenerations Ministries Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within TX. Charities of a similar size with the same main cause include RTS Foundation Inc ($80k), Choose Life Ministries Inc ($80k) and Good Day Ministries ($80k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 77% and program service revenue 23% of the total. At year end it held assets of $56k against liabilities of $0, net assets of $56k.