Replicate Ministries Inc

Analysis

Replicate Ministries Inc is a registered charity in United States, based in Hendersonvlle, TN. It received its IRS tax-exemption ruling in January 2015, 11 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, Replicate Ministries Inc reported income of $1.0m and spending of $943k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $331k to $1.0m (+207%), an average of +32% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 95% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Replicate Ministries Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 81st percentile within TN. Charities of a similar size with the same main cause include Blood N Fire Ministry of Alaska ($1.0m), The Hope Center of Hendersonville Inc ($1.0m) and Healing Grace Ministries Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 76% of the total. Compensation of current officers, directors and key employees was $287k (30% of expenses). Other salaries and wages came to $106k. At year end it held assets of $204k against liabilities of $1,412, net assets of $203k. It reported 4 employees.