Michael Rowan Ministries Inc

Analysis

Michael Rowan Ministries Inc is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in May 2001, 25 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Michael Rowan Ministries Inc reported income of $255k and spending of $257k, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $217k to $255k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 61%. Over the whole period it spent 99% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Michael Rowan Ministries Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Westmorland Multi-Service Centers Inc ($255k), Open Door Recovery House ($255k) and Green Acres Interactive Therapy Inc ($255k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $107k (42% of expenses). At year end it held assets of $13k against liabilities of $0, net assets of $13k. It reported 2 employees.