American Remnant Mission Inc

Analysis

American Remnant Mission Inc is a registered charity in United States, based in Concord, CA. It received its IRS tax-exemption ruling in December 1977, 49 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 June 2024, American Remnant Mission Inc reported income of $259k and spending of $301k, spending 116% of what it took in. Across the 4 years on record, from June 2021 to June 2024, income grew from $227k to $259k (+14%), an average of +4.4% a year. The sharpest change came in the year to June 2022, when income rose by 662%. Over the whole period it spent 44% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, American Remnant Mission Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 61st percentile within CA. Charities of a similar size with the same main cause include Kingdom Muzic Family Inc ($259k), Society of St Vincent de Paul St Rita Conference Inc ($259k) and Christ Transformation Ministries ($259k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $140k (46% of expenses). Other salaries and wages came to $9,000. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m. It reported 2 employees.