Relief Network Ministries Inc

Analysis

Relief Network Ministries Inc is a registered charity in United States, based in League City, TX. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Relief Network Ministries Inc reported income of $173k and spending of $114k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $125k to $173k (+39%), an average of +39% a year. The sharpest change came in the year to December 2023, when income rose by 39%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Relief Network Ministries Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 54th percentile within TX. Charities of a similar size with the same main cause include First Coast Leadership Foundation Jacksonville Inc ($173k), Instyle Coffee Byam ($174k) and Joseph Middlemiss Big Heart Foundation ($173k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.9% of the total. At year end it held assets of $140k against liabilities of $12k, net assets of $128k.