Raising Hands Ministries International

Analysis

Raising Hands Ministries International is a registered charity in United States, based in Cunningham, KY. It received its IRS tax-exemption ruling in June 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Raising Hands Ministries International reported income of $91k and spending of $91k, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $74k to $91k (+22%), an average of +22% a year. The sharpest change came in the year to December 2023, when income rose by 22%. Over the whole period it spent 104% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Raising Hands Ministries International sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 34th percentile within KY. Charities of a similar size with the same main cause include Christian Emergency League Inc ($91k), Union Vision Mission ($91k) and Care Ministries Inc ($91k).

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 $569 against liabilities of $0, net assets of $569.