Reverent Rhythms

Analysis

Reverent Rhythms is a registered charity in United States, based in Grand JCT, CO. It received its IRS tax-exemption ruling in April 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 July 2024, Reverent Rhythms reported income of $252k and spending of $229k, spending 91% of its income. Across the 2 years on record, from July 2023 to July 2024, income grew from $190k to $252k (+32%), an average of +32% a year. The sharpest change came in the year to July 2024, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Reverent Rhythms sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 55th percentile within CO. Charities of a similar size with the same main cause include Faith Xtreme Inc ($251k), Radooga USA Inc ($252k) and City Gates Ministries ($251k).

On its Form 990 for the period ending July 2024, revenue came from contributions and grants 34% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $29k (13% of expenses). Other salaries and wages came to $65k. At year end it held assets of $83k against liabilities of $34k, net assets of $49k.