Resurrection Life Ministry Inc

Analysis

Resurrection Life Ministry Inc is a registered charity in United States, based in Memphis, TN. It received its IRS tax-exemption ruling in April 1992, 34 years ago. 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, Resurrection Life Ministry Inc reported income of $741k and spending of $813k, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2023, income grew from $613k to $741k (+21%), an average of +6.5% a year. The sharpest change came in the year to December 2020, when income rose by 20%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Resurrection Life Ministry Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 78th percentile within TN. Charities of a similar size with the same main cause include Old Lyme South End Volunteer Ambulance Associatin Inc ($741k), Boston Partners in Education Inc ($741k) and The Bryce Harlow Foundation ($741k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $224k. At year end it held assets of $2.6m against liabilities of $1.7m, net assets of $938k.