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Rightnow Ministries International

RegisteredEIN 75-2353393McKinney, TXReligion
Income$34.7m2023-06
Spending$35.2msame year
Spent / received94%5-year average
Size in its cause100th pctReligion
Exempt since1991Publicly supported organisat
Employees250latest return

Analysis

Rightnow Ministries International is a registered charity in United States, based in McKinney, TX. It received its IRS tax-exemption ruling in March 1991, 35 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 June 2023, Rightnow Ministries International reported income of $34.7m and spending of $35.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $26.9m to $34.7m (+29%), an average of +6.5% a year. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Rightnow Ministries International sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Chayim Vchesed Inc ($34.4m), Martha Obryan Center Inc ($34.7m) and Newman International Academy ($33.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $2.8m (7.9% of expenses). Other salaries and wages came to $11.0m. At year end it held assets of $45.4m against liabilities of $6.5m, net assets of $38.9m. It reported 250 employees.

Income and spending

$0$8.8m$17.6m$26.4m$35.2m2019 Income: $26,949,5242019 Spending: $22,294,99120192020 Income: $28,668,0952020 Spending: $27,371,11120202021 Income: $32,852,8402021 Spending: $30,838,76720212022 Income: $33,884,2252022 Spending: $32,457,02920222023 Income: $34,681,0912023 Spending: $35,247,3822023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.0%
  • Program services 100%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Chayim Vchesed IncBrooklyn$34.4m
Martha Obryan Center IncNashville$34.7m
Newman International AcademyArlington$33.7m
ForafrikaWashington$35.2m