Truth Unleashed Ministries Inc

Analysis

Truth Unleashed Ministries Inc is a registered charity in United States, based in Parker, CO. It received its IRS tax-exemption ruling in June 2007, 19 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 2023, Truth Unleashed Ministries Inc reported income of $127k and spending of $129k, spending 101% of its income. Across the 3 years on record, from December 2019 to December 2023, income grew from $72k to $127k (+76%), an average of +33% a year. The sharpest change came in the year to December 2023, when income rose by 53%. Over the whole period it spent 103% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth Unleashed Ministries Inc sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 40th percentile within CO. Charities of a similar size with the same main cause include Gesher Galicia Inc ($127k), The Tracy Hanson Initiative ($127k) and Worldwide Foundation ($127k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1,534 against liabilities of $0, net assets of $1,534.

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.