More Prescious Than Rubies

Analysis

More Prescious Than Rubies is a registered charity in United States, based in Chico, TX. It received its IRS tax-exemption ruling in May 2019, 7 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, More Prescious Than Rubies reported income of $79k and spending of $68k, spending 86% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $62k to $79k (+27%), an average of +26% a year. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 84% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, More Prescious Than Rubies sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 32nd percentile within TX. Charities of a similar size with the same main cause include Arise Christian Church ($79k), Mike Hrabal Ministries Inc ($79k) and Yanivs Shabbat Inc ($79k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $181k against liabilities of $0, net assets of $181k.