Search for the Trust Ministries

Analysis

Search for the Trust Ministries is a registered charity in United States, based in Midland, MI. It received its IRS tax-exemption ruling in March 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, Search for the Trust Ministries reported income of $250k and spending of $202k, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $299k to $250k (-17%), an average of -4.5% a year. The sharpest change came in the year to December 2022, when income rose by 135%. Over the whole period it spent 66% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Search for the Trust Ministries sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within MI. Charities of a similar size with the same main cause include Sold Out Youth Ministries ($249k), Punktorah Inc ($250k) and Bharat Sevashram Sangha of North America Inc New Jersey ($249k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 83% of the total. Other salaries and wages came to $6,497. At year end it held assets of $559k against liabilities of $0, net assets of $559k. It reported 1 employees.