Public Charity

READ MINISTRIES INC

READ MINISTRIES INC is a nonprofit organization categorized as Public Charity based in ST CLOUD, MN. Its most recent IRS filing (2024) reports revenue of $666K, expenses of $574K, total assets of $497K. Imperigo tracks 11 reported grant relationships connected to this organization totaling approximately $284K.

EIN: 200222800 ST CLOUD, MN Christianity NTEE: X20 Latest filing: 2024
Total Revenue$666K
Total Expenses$574K
Total Assets$497K
Grant Records11
Funding Total$284K
Filing Years2019–2024

Mission

EQUIPPING THE EURASIAN CHURCH FOR EFFECTIVE MINISTRY (UKRAINE, KAZAKSTAN, KYRGYZSTAN, BELARUS, RESTRICTED ACCESS COUNTRIES).

Where $100 goes at Read Ministries Inc

How Read Ministries Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$63 Programs the work itself
$24 Management running the organization
$13 Fundraising raising the next dollar

Inside the $63 for programs

$43
Support of war relief initiatives in ukraine (due to russia's aggression which started in february 2022): due to russia's unprovoked invasion of ukraine near the end of february…
68% of program spending
$10
Support of fesource distribution initiatives
15% of program spending · Reported in the filing: 110 churches
$5
Support of equipping ministry leaders initiatives
9% of program spending

Plus 1 more program. Cost per person served and the full program breakdown are on the full profile.

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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

BOARD MEMBER Kelsey Burns
CHAIR Kim Pareigat
BOARD MEMBER Rachel Anderson
TREASURER Stephanie Yaeger
EXECUTIVE DI Steven Eckert
VICE CHAIR Todd Magnuson

Officer compensation and complete director data available with membership.

Top Grant Purposes

Religion & Spirituality
$258,900 10 grants
General Support
$25,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $666K $574K $497K
2023 $502K $551K $407K
2022 $875K $714K $457K
2020 $354K $353K $204K
2019 $313K $337K $202K

Between 2019 and 2024, reported annual revenue grew from $313K to $666K (+113%), with total assets most recently reported at $497K.

Interactive year-over-year charts and full filing details available with membership.

See the full picture for READ MINISTRIES INC

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