Richard Exley Ministries Inc

Analysis

Richard Exley Ministries Inc is a registered charity in United States, based in Azle, TX. It received its IRS tax-exemption ruling in November 1990, 36 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, Richard Exley Ministries Inc reported income of $69k and spending of $90k, spending 130% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $85k to $69k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 118% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Richard Exley 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 Scofield Ministries ($69k), Hashiveinu Elecha Israel Inc ($69k) and Refuge International Corporation ($69k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $108k against liabilities of $0, net assets of $108k.