Reliance Ministries Inc

Analysis

Reliance Ministries Inc is a registered charity in United States, based in Lewiston, ID. It received its IRS tax-exemption ruling in May 2017, 9 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Reliance Ministries Inc reported income of $371k and spending of $338k, spending 91% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $229k to $371k (+62%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Reliance 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 65th percentile, and in the 69th percentile within ID. Charities of a similar size with the same main cause include Arkansas Urology Foundation Inc ($370k), Aamp Amt Learning Center Inc ($371k) and Grants Pass Sobering Center Inc ($370k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. Compensation of current officers, directors and key employees was $47k (14% of expenses). Other salaries and wages came to $80k. At year end it held assets of $306k against liabilities of $7,281, net assets of $299k. It reported 8 employees.