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Resort Area Ministry Ram

RegisteredEIN 56-1179806Boone, NCReligion
Income$356k2023-12
Spending$329ksame year
Spent / received100%5-year average
Size in its cause78th pctReligion
Exempt since2011Publicly supported organisat
Employees15latest return

Analysis

Resort Area Ministry Ram is a registered charity in United States, based in Boone, NC. It received its IRS tax-exemption ruling in May 2011, 15 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, Resort Area Ministry Ram reported income of $356k and spending of $329k, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $240k to $356k (+48%), an average of +10% a year. The sharpest change came in the year to December 2021, when income rose by 78%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Resort Area Ministry Ram sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within NC. Charities of a similar size with the same main cause include West African Christian Ministries Inc ($355k), Glad News for Muslims Inc ($356k) and Project 2026 Inc ($355k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% of the total. Other salaries and wages came to $220k. At year end it held assets of $285k against liabilities of $4,875, net assets of $281k. It reported 15 employees.

Income and spending

$0$89k$178k$267k$356k2019 Income: $240,2252019 Spending: $258,51920192020 Income: $169,6252020 Spending: $218,37020202021 Income: $302,4022021 Spending: $252,31020212022 Income: $310,0212022 Spending: $324,79020222023 Income: $355,5242023 Spending: $328,6752023
IncomeSpending

Where the income comes from

  • Contributions & grants 13%
  • Other 87%

Similar-sized charities, same cause

CharityLocationIncome
West African Christian Ministries IncValparaiso$355k
Glad News for Muslims IncSanta Ana$356k
Project 2026 IncPleasant GDN$355k
Rocky Mountain Police ChaplainsGolden$356k