Abundant Rain Ministries Inc

Analysis

Abundant Rain Ministries Inc is a registered charity in United States, based in Coweta, OK. It received its IRS tax-exemption ruling in March 2008, 18 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Abundant Rain Ministries Inc reported income of $6.0m and spending of $5.7m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.5m to $6.0m (+140%), an average of +24% a year. The sharpest change came in the year to December 2020, when income rose by 58%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Abundant Rain Ministries Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within OK. Charities of a similar size with the same main cause include Evangelical Lutheran Good Samaritan Foundation ($6.0m), Congregations Organized for Prophetic Engagement ($6.0m) and Ambassadors for Christ Inc ($6.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.5m against liabilities of $328k, net assets of $1.1m.