James Rackley Ministries Inc

Analysis

James Rackley Ministries Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in August 1994, 32 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, James Rackley Ministries Inc reported income of $214k and spending of $239k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $266k to $214k (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income dropped by 15%. Over the whole period it spent 96% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, James Rackley Ministries Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 59th percentile within TX. Charities of a similar size with the same main cause include Varick Renaissance Center ($214k), Wilberforce International Institute ($214k) and Gods Embrace Ministries Inc ($214k).

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 $54k (23% of expenses). Other salaries and wages came to $2,962. At year end it held assets of $251k against liabilities of $1,177, net assets of $249k. It reported 2 employees.