Nonprofit · EIN 73-1478501
RICHARD PEARSON MINISTRIES INC
Tax-exempt · CLEARWATER, FL 33757
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990 | $1,214,544 | $648,537 | $566,007 | $3,327,181 | $3,012,935 | $314,246 |
| December 31, 2024 | 990 | $270,172 | $592,655 | -$322,483 | $730,206 | $1,031,156 | -$300,950 |
| December 31, 2023 | 990 | $393,190 | $529,882 | -$136,692 | $1,054,297 | $1,032,764 | $21,533 |
Financial details: 990 for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,203,944
- Program service revenue
- $18,363
- Investment income
- -$13
- Net gain from sales of assets
- -$14,306
- Net income from sales of inventory
- -$8,559
- Other revenue
- -$7,750
Expenses
- Grants and similar amounts paid
- $19,000
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $8,464
- Travel
- $56,370
- Depreciation
- $9,190
- Program services (functional)
- $604,550
- Management and general (functional)
- $13,157
- Fundraising (functional)
- $30,830
Balance sheet and other
- Total assets, start of year
- $730,206
- Total assets, end of year
- $3,327,181
- Total liabilities, end of year
- $3,012,935
- Net assets, end of year
- $314,246
- Land, buildings and equipment
- $32,083
- Publicly traded securities
- $366,438
- Gross receipts
- $1,668,345
- Employees
- 0
- Volunteers
- 3
- Year formed
- 1995
- State of legal domicile
- FL
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD PEARSON | PRESIDENT Trustee or director, Officer | 60 | $0 |
| KAREN PEARSON | TREASURER Trustee or director, Officer | 40 | $0 |
| PHILIP DERSTINE | SECRETARY Trustee or director, Officer | 0.1 | $0 |
990 for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD PEARSON | PRESIDENT Trustee or director, Officer | 20 | $0 |
| KAREN PEARSON | TREASURER Trustee or director, Officer | 5 | $0 |
| PHILIP DERSTINE | SECRETARY Trustee or director, Officer | 1 | $0 |
990 for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| RICHARD PEARSON | PRESIDENT Trustee or director, Officer | 20 | $0 |
| KAREN PEARSON | TREASURER Trustee or director, Officer | 5 | $0 |
| PHILIP DERSTINE | SECRETARY Trustee or director, Officer | 1 | $0 |
Address and contacts
- Address (IRS master file)
- PO BOX 2833, CLEARWATER, FL 33757-2833
- In care of
- % RICHARD PEARSON MINISTRIES INC
- Mailing address (990-N for 2020)
- PO Box 2833, Clearwater FL 33757
- Principal officer (990 for 2025)
- RICHARD PEARSON, PO BOX 2833, CLEARWATER, FL 33757
- Principal officer (990-N for 2020)
- Richard Pearson, PO Box 2833, Clearwater FL 33757
- Signed the 990
- RICHARD PEARSON, PRESIDENT
- Phone
- (519) 754-6203
- Website
- PROPHECYUSA.ORG
- Return prepared by
- CRI ADVISORS LLC
Mission
PROCLAIM THE GOSPEL OF JESUS CHRIST
Program accomplishments
- RICHARD PEARSON MINISTRIES, INC. PROVIDES A WEEKLY TV BIBLE TEACHING PROGRAM ON OVER 120 TV STATIONS IN THE USA REACHING APPROXIMATELY 120,000 - 150,000 VIEWERS AT A COST OF $300,000 ANNUALLY. OUR MANDATE IS TO UNVEIL AMERICA'S ROLE IN BIBLE PROPHECY, HOW IT RELATES TO CURRENT PROPHETIC EVENTS, AND WHAT WE BELIEVE IS COMING TO THE NATION AND TO THE WORLD AS INTERPRETED BY SCRIPTURE. ADDITIONAL PODCAST TEACHING IS DONE ON YOUTUBE WHICH HAS REACHED OVER 1,000,000 VIEWS AT NO CHARGE. VIDEOS ARE ALSO AVAILABLE ON OUR WEB SITE FREE OF CHARGE. WE HAVE SELF-PUBLISHED FOUR BOOKS WHICH ARE AVAILABLE ON AMAZON AND ON OUR WEBSITE VIA SALE OR DONATION.OUR MINISTRY RESPONDS TO QUESTIONS VIA DIRECT MAIL, SOCIAL MEDIA EMAIL, FACEBOOK, INSTAGRAM, X(TWITTER), AND RUMBLE. THE HOST AND FOUNDER OF RICHARD PEARSON MINISTRIES WRITES ALL SCRIPTS AND HOSTS THE TV PROGRAM WHICH IS PRODUCED MOSTLY IN CANADA. KAREN PEARSON CO-HOSTS THE TV AND PODCAST PROGRAMS AND DOES PARTNER CORRESPONDENCE VIA EMAIL AND DIRECT MAIL. NEITHER RICHARD NOR KAREN DRAWS ANY SALARY FOR THEIR WORK. THERE ARE NO OTHER FULLTIME US EMPLOYEES INVOLVED WITH THE MINISTRY, BUT WE DO HAVE PART-TIME CONSULTANTS WHO CONSULT US ON MINISTRY TASKS. OUR CANADIAN MINISTRY, WHICH IS A SEPARATE REGISTERED CHARITY IN CANADA, HAS ONE FULLTIME TECHNICAL ENGINEER AND TWO PART-TIME BOOKKEEPERS. THESE EMPLOYEES ARE PAID DIRECTLY FROM OUR CANADIAN CHARITY, BUT THEIR SKILLS ARE UTILIZED BY THE US CHARITY AT NO CHARGE.Expenses $604,550 · grants $19,000 · revenue $10,613
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990 on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 73-1478501
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1996
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Religion-related (X21)
- Assets (IRS master file)
- $3,327,181
- Income (IRS master file)
- $1,668,345
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2025 | $1,214,544 | $648,537 | $3,327,181 | XML |
| 990 | December 2024 | $270,172 | $592,655 | $730,206 | XML |
| 990 | December 2023 | $393,190 | $529,882 | $1,054,297 | XML |
| 990 | December 2022 | $643,891 | $522,398 | $158,225 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-N for 2020 Officer: Richard Pearson | December 31, 2020 | ≤ $50,000 receipts | – | – | e-Postcard |
| 990-N for 2019 Officer: Rick Pearson | December 31, 2019 | ≤ $50,000 receipts | – | – | e-Postcard |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 73-1478501).
Questions about RICHARD PEARSON MINISTRIES INC
- What is the EIN of RICHARD PEARSON MINISTRIES INC?
- The employer identification number (EIN) of RICHARD PEARSON MINISTRIES INC is 73-1478501.
- Is RICHARD PEARSON MINISTRIES INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to RICHARD PEARSON MINISTRIES INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RICHARD PEARSON MINISTRIES INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of RICHARD PEARSON MINISTRIES INC due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RICHARD PEARSON MINISTRIES INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2025.
- Who is the principal officer of RICHARD PEARSON MINISTRIES INC?
- The 990 for the year ended December 31, 2025 names RICHARD PEARSON.
- Who are the officers and directors of RICHARD PEARSON MINISTRIES INC?
- The 990 for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does RICHARD PEARSON MINISTRIES INC have?
- On its 990 for the year ended December 31, 2025 it reported revenue of $1,214,544, expenses of $648,537 and total assets of $3,327,181 at year end.
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