Rio Bravo Ministries

Analysis

Rio Bravo Ministries is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in September 1992, 34 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, Rio Bravo Ministries reported income of $1.2m and spending of $1.4m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.9m to $1.2m (-37%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 47%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rio Bravo Ministries sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 85th percentile within TX. Charities of a similar size with the same main cause include Trinity Center for World Mission Inc ($1.2m), The Corporation for the Relief of the Widows & Children of the Clerg ($1.2m) and Benchmark Ministries ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $99k (7.1% of expenses). Other salaries and wages came to $108k. At year end it held assets of $226k against liabilities of $0, net assets of $226k.