Ronnie Mitchem Ministries Inc

Analysis

Ronnie Mitchem Ministries Inc is a registered charity in United States, based in Dayton, TX. It received its IRS tax-exemption ruling in July 2021, 5 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, Ronnie Mitchem Ministries Inc reported income of $62k and spending of $187k, spending 303% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $1.2m to $62k (-95%), an average of -95% a year. The sharpest change came in the year to December 2023, when income dropped by 95%. Over the whole period it spent 18% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Ronnie Mitchem Ministries Inc sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Lerhaus Institute ($62k), CPM of the Adirondacks ($62k) and Solid Rock Ministries Inc ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 28% of the total. Compensation of current officers, directors and key employees was $94k (50% of expenses). At year end it held assets of $1.1m against liabilities of $48k, net assets of $1.0m.