Reflecting the Truth Ministries Inc
Analysis
Reflecting the Truth Ministries Inc is a registered charity in United States, based in Tullahoma, TN. It received its IRS tax-exemption ruling in January 2005, 21 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, Reflecting the Truth Ministries Inc reported income of $116k and spending of $110k, spending 95% of its income. Across the 4 years on record, from December 2019 to December 2022, income fell from $138k to $116k (-16%), an average of -5.6% a year. The sharpest change came in the year to December 2021, when income rose by 169%. Over the whole period it spent 96% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Reflecting the Truth Ministries Inc sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 41st percentile within TN. Charities of a similar size with the same main cause include Partnership for Renewal ($116k), Iglesia Pentecostal Del Nombre de Jesus ($116k) and Tribal Rescue Ministries ($116k).
On its Form 990 for the period ending December 2022, revenue came from contributions and grants 64% and program service revenue 35% of the total. Compensation of current officers, directors and key employees was $42k (38% of expenses). At year end it held assets of $173k against liabilities of $5,172, net assets of $168k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 64%
- Program services 35%
- Other 1.0%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Partnership for Renewal | Asheville | $116k |
| Iglesia Pentecostal Del Nombre de Jesus | Pomona | $116k |
| Tribal Rescue Ministries | Cass Lake | $116k |
| Ol Cromwell Ministries Inc | Chesapeake | $116k |