RPM Ministries Inc
Analysis
RPM Ministries Inc is a registered charity in United States, based in Canton, GA. It received its IRS tax-exemption ruling in April 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, RPM Ministries Inc reported income of $223k and spending of $196k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $794k to $223k (-72%), an average of -27% a year. The sharpest change came in the year to December 2020, when income dropped by 82%. Over the whole period it spent 57% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, RPM Ministries Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 60th percentile within GA. Charities of a similar size with the same main cause include Habit Missions Ministry Inc ($223k), Powerhouse Ministries ($223k) and Inner-City Movement Inc ($223k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 67% of the total. Other salaries and wages came to $60k. At year end it held assets of $690k against liabilities of $7,554, net assets of $683k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 67%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Habit Missions Ministry Inc | Advance | $223k |
| Powerhouse Ministries | Hermitage | $223k |
| Inner-City Movement Inc | Upper Darby | $223k |
| Christ Apostolic Church Power House Help the Needy | Tucker | $223k |