Randy Caldwell Ministries Inc

Analysis

Randy Caldwell Ministries Inc is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in September 2001, 25 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Randy Caldwell Ministries Inc reported income of $1.1m and spending of $993k, spending 95% of its income. Across the 5 years on record, from December 2018 to December 2023, income grew from $270k to $1.1m (+290%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 123%. Over the whole period it spent 82% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Randy Caldwell Ministries Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Foundation for Impact on Literacy and Learning Inc ($1.0m), C4 Recovery Foundation ($1.1m) and W I T Foundation Inc ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $144k (15% of expenses). Other salaries and wages came to $37k. At year end it held assets of $911k against liabilities of $20k, net assets of $891k. It reported 2 employees.