Redemption Road Ministries

Analysis

Redemption Road Ministries is a registered charity in United States, based in Fargo, ND. It received its IRS tax-exemption ruling in August 2016, 10 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, Redemption Road Ministries reported income of $282k and spending of $267k, spending 94% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $338k to $282k (-17%), an average of -5.8% a year. The sharpest change came in the year to December 2020, when income dropped by 21%. 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, Redemption Road Ministries sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 55th percentile within ND. Charities of a similar size with the same main cause include Keith Wheeler Ministries Inc ($282k), Generation to Generation Network Inc ($282k) and American Educational Development Incorporated ($282k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% and program service revenue 70% of the total. Compensation of current officers, directors and key employees was $84k (32% of expenses). Other salaries and wages came to $29k. At year end it held assets of $51k against liabilities of $9,636, net assets of $41k. It reported 2 employees.