Renny McLean Ministries Incorporated

Analysis

Renny McLean Ministries Incorporated is a registered charity in United States, based in Haltom City, TX. It received its IRS tax-exemption ruling in January 2002, 24 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, Renny McLean Ministries Incorporated reported income of $636k and spending of $766k, spending 120% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $636k (-44%), an average of -13% a year. The sharpest change came in the year to December 2023, when income dropped by 36%. Over the whole period it spent 100% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Renny McLean Ministries Incorporated sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 78th percentile within TX. Charities of a similar size with the same main cause include Saleh John Charitable FDN 45862500 ($636k), Serenity Retreat for Healing & Spiritual Renewal ($636k) and Cat Spring Retreat Inc ($636k).

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 $103k (13% of expenses). Other salaries and wages came to $230k. At year end it held assets of $0 against liabilities of $0, net assets of $0. It reported 2 employees.