Redeeming Love Prison Ministry Inc

Analysis

Redeeming Love Prison Ministry Inc is a registered charity in United States, based in Broken Arrow, OK. It received its IRS tax-exemption ruling in March 1993, 33 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, Redeeming Love Prison Ministry Inc reported income of $66k and spending of $75k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $67k to $66k (-1.3%), an average of -1.3% a year. Over the whole period it spent 106% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redeeming Love Prison Ministry Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 24th percentile within OK. Charities of a similar size with the same main cause include Step by Step Worldwide Ministries Corporation ($66k), Rivers 2 Nations Inc ($66k) and Daynas Icare Foundation ($66k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $6,737 against liabilities of $663, net assets of $6,074.