Ronald Rhoads Ministries Inc

Analysis

Ronald Rhoads Ministries Inc is a registered charity in United States, based in Mount Joy, PA. It received its IRS tax-exemption ruling in February 2000, 26 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, Ronald Rhoads Ministries Inc reported income of $88k and spending of $92k, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $120k to $88k (-27%), an average of -7.5% a year. The sharpest change came in the year to December 2021, when income dropped by 17%. Over the whole period it spent 101% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ronald Rhoads Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 32nd percentile within PA. Charities of a similar size with the same main cause include Linking Partners Ministries Inc ($88k), United Tamil Church of Houston ($88k) and Gathering of Leaders ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 41% and program service revenue 59% of the total. Compensation of current officers, directors and key employees was $24k (26% of expenses). At year end it held assets of $2,412 against liabilities of $0, net assets of $2,412. It reported 1 employees.