Redeemed Ministries Inc

Analysis

Redeemed Ministries Inc is a registered charity in United States, based in Womelsdorf, PA. It received its IRS tax-exemption ruling in September 2016, 10 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Redeemed Ministries Inc reported income of $199k and spending of $175k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $164k to $199k (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 115%. Over the whole period it spent 74% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Redeemed Ministries Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 51st percentile within PA. Charities of a similar size with the same main cause include My Vision for Refugees Inc ($199k), New Story Leadership Inc ($199k) and Krin International Inc ($198k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $266k against liabilities of $0, net assets of $266k.