Reconciliation Ministries Network Inc

Analysis

Reconciliation Ministries Network Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in July 1999, 27 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, Reconciliation Ministries Network Inc reported income of $70k and spending of $84k, spending 120% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $73k to $70k (-3.1%), an average of -1.6% a year. The sharpest change came in the year to December 2022, when income rose by 37%. Over the whole period it spent 105% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reconciliation Ministries Network Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within TN. Charities of a similar size with the same main cause include Northeast Florida College Camp Inc ($70k), The New Covenant Church of God CDC ($70k) and Jangchub Choeling ($70k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $47k against liabilities of $0, net assets of $47k.