Meanwhile, Moore, who was also Monumental Church's rector as well as supervised the Episcopal churches in both Virginia and North Carolina, asked Ravenscroft to become his assistant. Ravenscroft probably needed the additional income, for his plantation (which he had increased from 610 acres to over 2100 acres), was foreclosed upon in 1824. However, future bishop of Mississippi William Mercer Green informed Ravenscroft that he had been elected Bishop of the recently re-organized diocese of North Carolina (which adjoined both Lunenberg and Mecklenburg counties)(Charles Pettigrew had been elected its bishop in 1794 but had never been consecrated due to the cancellations of the General Conventions of 1795 and 1798 due to yellow fever and his subsequent infirmities making travel difficult). Although the annual salary offered was just $750, the offer also included the rectorship of Christ Church in Raleigh. Thus, at the General Convention in Old St. Paul's Episcopal Church, Philadelphia, bishops William White, James Kemp and Alexander Griswold, among others, consecrated Ravenscroft as the 20th bishop in the Episcopal Church on May 22, 1823.