Righteous Acts Ministries Inc

Analysis

Righteous Acts Ministries Inc is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in February 2001, 25 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, Righteous Acts Ministries Inc reported income of $69k and spending of $75k, spending 109% of what it took in. Across the 3 years on record, from December 2020 to December 2023, income fell from $223k to $69k (-69%), an average of -44% a year. The sharpest change came in the year to December 2022, when income dropped by 72%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Righteous Acts Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within TX. Charities of a similar size with the same main cause include Sure Foundation Fellowship Inc ($69k), Lumen Entertainment Inc ($69k) and Lowcountry Cares Ministries ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $132k against liabilities of $2,253, net assets of $129k.