Reclaim Ministries Inc

Analysis

Reclaim Ministries Inc is a registered charity in United States, based in Conifer, CO. 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, Reclaim Ministries Inc reported income of $483k and spending of $344k, leaving 29% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $235k to $483k (+105%), an average of +43% a year. The sharpest change came in the year to December 2023, when income rose by 89%. Over the whole period it spent 71% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reclaim Ministries Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Palpung Foundation ($483k), Bayonne Muslims a NJ Nonprofit Corporation ($484k) and Nazareth Educational Ministries Association Inc ($483k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.5% of the total. Compensation of current officers, directors and key employees was $190k (55% of expenses). Other salaries and wages came to $32k. At year end it held assets of $310k against liabilities of $0, net assets of $310k. It reported 3 employees.