Ripple Ministries of Snohomish

Analysis

Ripple Ministries of Snohomish is a registered charity in United States, based in Lake Stevens, WA. It received its IRS tax-exemption ruling in August 2017, 9 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Ripple Ministries of Snohomish reported income of $132k and spending of $115k, spending 87% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $71k to $132k (+85%), an average of +23% a year. The sharpest change came in the year to December 2021, when income rose by 60%. Over the whole period it spent 97% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ripple Ministries of Snohomish sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within WA. Charities of a similar size with the same main cause include Hope Now Ministries ($132k), Missionaries of Fatima ($132k) and Bread of Life Christian Church ($132k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $42k. At year end it held assets of $23k against liabilities of $2,599, net assets of $21k. It reported 5 employees.