Russell Ministries Inc

Analysis

Russell Ministries Inc is a registered charity in United States, based in Calvin, OK. It received its IRS tax-exemption ruling in January 1996, 30 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, Russell Ministries Inc reported income of $90k and spending of $90k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $92k to $90k (-2.7%), an average of -2.7% a year. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Russell Ministries Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 33rd percentile within OK. Charities of a similar size with the same main cause include Planted Seed Ministries Inc ($90k), Frontline Evangelistic Outreach Inc ($90k) and International Women S Ministries ($90k).

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 $113k against liabilities of $5,047, net assets of $108k.