Royal Redemption Bible Fellowship

Analysis

Royal Redemption Bible Fellowship is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in May 2021, 5 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Royal Redemption Bible Fellowship reported income of $110k and spending of $40k, leaving 63% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $47k to $110k (+137%), an average of +137% a year. The sharpest change came in the year to December 2023, when income rose by 137%. Over the whole period it spent 55% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Royal Redemption Bible Fellowship sits at the 47th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Metro Atlanta Community Mikvah Incorporated ($110k), Kiril Istatkov Ministries ($110k) and Anglican Associates Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 108% of the total. At year end it held assets of $80k against liabilities of $698, net assets of $79k.