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Resource Center for Women and Ministry in the South Inc

RegisteredEIN 59-1766535Durham, NCReligion
Income$466k2023-12
Spending$386ksame year
Spent / received92%5-year average
Size in its cause82nd pctReligion
Exempt since1977Publicly supported organisat
Employees3latest return

Analysis

Resource Center for Women and Ministry in the South Inc is a registered charity in United States, based in Durham, NC. It received its IRS tax-exemption ruling in November 1977, 49 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, Resource Center for Women and Ministry in the South Inc reported income of $466k and spending of $386k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $299k to $466k (+56%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 56%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Resource Center for Women and Ministry in the South Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within NC. Charities of a similar size with the same main cause include Higher Places Ministries ($466k), Responder Life ($466k) and Harvest Church Idaho Inc ($466k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $27k (7.0% of expenses). Other salaries and wages came to $51k. At year end it held assets of $324k against liabilities of $0, net assets of $324k. It reported 3 employees.

Income and spending

$0$116k$233k$349k$466k2019 Income: $298,8132019 Spending: $256,16620192020 Income: $276,4432020 Spending: $246,59220202021 Income: $278,3222021 Spending: $266,50420212022 Income: $297,9572022 Spending: $336,36920222023 Income: $465,8222023 Spending: $386,4552023
IncomeSpending

Where the income comes from

  • Contributions & grants 86%
  • Program services 13%
  • Other 1.1%

Similar-sized charities, same cause

CharityLocationIncome
Higher Places MinistriesVineland$466k
Responder LifeTualatin$466k
Harvest Church Idaho IncPocatello$466k
Breath of Life Professional Services NFPOak Brook$466k