Roever Evangelistic Association Inc

Analysis

Roever Evangelistic Association Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in August 1964, 62 years ago. 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, Roever Evangelistic Association Inc reported income of $1.9m and spending of $2.4m, spending 125% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.5m to $1.9m (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2021, when income rose by 27%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Roever Evangelistic Association Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 89th percentile within TX. Charities of a similar size with the same main cause include Love Inc of Newaygo County ($1.9m), Lafayette Senior Housing Association Inc ($1.9m) and Traverse Bay Childrens Advocacy Center Inc ($1.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 92% and program service revenue 2.9% of the total. Compensation of current officers, directors and key employees was $424k (18% of expenses). Other salaries and wages came to $497k. At year end it held assets of $5.8m against liabilities of $1.2m, net assets of $4.6m. It reported 24 employees.