Reliant Celebration Ministries Inc

Analysis

Reliant Celebration Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 2020, 6 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Reliant Celebration Ministries Inc reported income of $89k and spending of $92k, spending 103% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $48k to $89k (+88%), an average of +88% a year. The sharpest change came in the year to December 2023, when income rose by 88%. Over the whole period it spent 132% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Reliant Celebration Ministries Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 31st percentile within IN. Charities of a similar size with the same main cause include Meredith Food Pantry ($89k), Worldwide Connections ($89k) and Neighbor to Neighbor Lah-Bnt ($89k).

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 $53k against liabilities of $3,495, net assets of $49k.