RTC Missions Inc

Analysis

RTC Missions Inc is a registered charity in United States, based in Waxahachie, TX. It received its IRS tax-exemption ruling in February 2022, 4 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, RTC Missions Inc reported income of $241k and spending of $265k, spending 110% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $76k to $241k (+217%), an average of +217% a year. The sharpest change came in the year to December 2023, when income rose by 217%. Over the whole period it spent 107% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, RTC Missions Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within TX. Charities of a similar size with the same main cause include New Horizons Ministries Inc ($241k), Harbour Ridge Family Foundation Inc ($241k) and Miller Bullen Hansen Scholarship Foundation Inc ($241k).

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 $2,454 against liabilities of $25k, net assets of -$23k.