Dr Mark Redd Ministries

Analysis

Dr Mark Redd Ministries is a registered charity in United States, based in LA Porte, TX. It received its IRS tax-exemption ruling in November 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Dr Mark Redd Ministries reported income of $118k and spending of $144k, spending 122% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $214k to $118k (-45%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 43%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Dr Mark Redd Ministries sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 44th percentile within TX. Charities of a similar size with the same main cause include Creative Life Foundation Inc ($118k), Sudie Clark Hanger Missionary Care Ministry Inc ($118k) and Palm Springs Police Officers Association Memorial Foundation ($118k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $5,399 against liabilities of $0, net assets of $5,399.