Tab Smith Ministries Inc

Analysis

Tab Smith Ministries Inc is a registered charity in United States, based in Claxton, GA. It received its IRS tax-exemption ruling in October 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, Tab Smith Ministries Inc reported income of $70k and spending of $61k, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $138k to $70k (-49%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 48%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tab Smith Ministries Inc sits at the 31st percentile: it is larger than about 31% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 28th percentile within GA. Charities of a similar size with the same main cause include The Path Inc ($70k), Hope Preserved Ministries ($70k) and Nathans Mission in Asia Inc ($70k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $45k. At year end it held assets of $26k against liabilities of $1,577, net assets of $25k. It reported 1 employees.