Redemptive Lift Ministries Inc

Analysis

Redemptive Lift Ministries Inc is a registered charity in United States, based in Bossier City, LA. It received its IRS tax-exemption ruling in January 2016, 10 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, Redemptive Lift Ministries Inc reported income of $122k and spending of $17k, leaving 86% of income unspent that year. Across the 4 years on record, from December 2020 to December 2023, income fell from $270k to $122k (-55%), an average of -23% a year. The sharpest change came in the year to December 2023, when income rose by 216%. Over the whole period it spent 8.1% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Redemptive Lift Ministries Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 41st percentile within LA. Charities of a similar size with the same main cause include Abide ($122k), Daily Prayer Ministries Inc ($122k) and Great Commission Bible Institute Inc ($122k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $466k against liabilities of $0, net assets of $466k.