Red Stone Ministries is located in Lexington, SC. The organization was established in 1991. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Red Stone Ministries is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2020, Red Stone Ministries generated $34.1k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 25.3% each year . All expenses for the organization totaled $20.6k during the year ending 12/2020. While expenses have increased by 25.8% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $31,457 |
Total Program Service Revenue | $0 |
Membership dues | $1,381 |
Investment income | $28 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | $1,540 |
Other Revenue | $28 |
Total Revenue | $34,133 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $250 |
Occupancy, rent, utilities, and maintenance | $2,561 |
Printing, publications, postage, and shipping | $0 |
Other expenses | $17,746 |
Total expenses | $20,557 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $25,923 |
Other assets | $0 |
Total assets | $25,923 |
Total liabilities | $0 |
Net assets or fund balances | $25,923 |
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