Early Rain Ministries Inc

Analysis

Early Rain Ministries Inc is a registered charity in United States, based in Oviedo, FL. It received its IRS tax-exemption ruling in September 2020, 6 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, Early Rain Ministries Inc reported income of $88k and spending of $25k, leaving 72% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $154k to $88k (-43%), an average of -24% a year. The sharpest change came in the year to December 2023, when income rose by 72%. Over the whole period it spent 19% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Early Rain Ministries Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 37th percentile within FL. Charities of a similar size with the same main cause include Dorje Trangpo Charity Organization ($88k), Institute of Jewish Knowledge & Learning Inc ($88k) and Living Faith Spiritual Community ($88k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $251k against liabilities of $0, net assets of $251k.