Traditional Redemptorist Missioners Inc

Analysis

Traditional Redemptorist Missioners Inc is a registered charity in United States, based in San Jose, CA. It received its IRS tax-exemption ruling in September 2022, 4 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, Traditional Redemptorist Missioners Inc reported income of $458k and spending of $80k, leaving 82% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $557k to $458k (-18%), an average of -18% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 9.6% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Traditional Redemptorist Missioners Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 71st percentile within CA. Charities of a similar size with the same main cause include Bodhisattva Wish Temple Inc ($458k), Lighthouse Promise Inc ($458k) and Elon First Baptist Church ($458k).

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 $920k against liabilities of $0, net assets of $920k.