Charity Search / REDEMPTION HOUSE
Religion-Related (X99) 990 on File

REDEMPTION HOUSE

EIN: 46-1057549 · MINNETONKA, MN 55345-2628 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 80/100
Reliability (20%) 50/100
Effectiveness (25%) 64/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$564K
Total Revenue
$610K
Total Expenses
$375K
Net Assets
5
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 77.6%
Fundraising Efficiency N/A
Operating Reserve 7.37x
Liability-to-Asset 69.4%
Revenue Diversification 81.8%
Executive Compensation $168K
Compared with Peers
FY 2024
Compared with 8,472 similar organizations (United States, Religion-Related, $100K–$1M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
77.6% 87.8%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
22.4% 8.5%
P10P90
Bottom quarter
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
7.4 mo 7.9 mo
P10P90
Below median
Liabilities to assets
Total liabilities / total assets · lower is better
69.4% 0.5%
P10P90
Bottom quarter
Revenue concentration
Share of revenue from the largest source · lower is better
81.8% 99.6%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
5.9% 6.0%
P10P90
Expense growth
Year over year expense growth
17.4% 6.9%
P10P90
Surplus margin
Surplus as a share of revenue
-8.2% 2.1%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $564K $610K $375K 77.6% 5
2023 $533K $520K $421K 82.5% 4
2022 $426K $496K $408K 81.1% 3
2021 $594K $497K $478K 84.8% 4
2020 $547K $449K N/A — 4
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Organization Details
EIN
46-1057549
State
MN
City
MINNETONKA
ZIP
55345-2628
Classification
X99
Category
Religion-Related
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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