Ric Wright Ministries Inc

Analysis

Ric Wright Ministries Inc is a registered charity in United States, based in White House, TN. It received its IRS tax-exemption ruling in June 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, Ric Wright Ministries Inc reported income of $140k and spending of $137k, spending 97% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $101k to $140k (+39%), an average of +18% a year. The sharpest change came in the year to December 2022, when income rose by 29%. 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, Ric Wright Ministries Inc sits at the 55th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within TN. Charities of a similar size with the same main cause include New Life Hispanic Ministries Inc ($140k), Celestial Church of Christ-Rock of Ages Parish ($140k) and Miracles in Christ International Ministries ($140k).

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 $37k against liabilities of $0, net assets of $37k.