True Warriors Ministries Inc

Analysis

True Warriors Ministries Inc is a registered charity in United States, based in Thonotosassa, FL. It received its IRS tax-exemption ruling in September 2000, 26 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, True Warriors Ministries Inc reported income of $76k and spending of $80k, spending 105% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $938k to $76k (-92%), an average of -57% a year. The sharpest change came in the year to December 2022, when income rose by 665%. Over the whole period it spent 116% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, True Warriors Ministries Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 33rd percentile within FL. Charities of a similar size with the same main cause include Go Evangelism Ministry Inc ($76k), The Shack ($76k) and Movement Group Inc ($76k).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 100% of the total. Other salaries and wages came to $40k. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.