Three Five Ministries Inc

Analysis

Three Five Ministries Inc is a registered charity in United States, based in San Clemente, CA. It received its IRS tax-exemption ruling in August 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, Three Five Ministries Inc reported income of $156k and spending of $186k, spending 119% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income fell from $236k to $156k (-34%), an average of -7.9% a year. The sharpest change came in the year to December 2020, when income rose by 292%. 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, Three Five Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 48th percentile, and in the 50th percentile within CA. Charities of a similar size with the same main cause include House Theatre Inc ($156k), American Friends of the Episcopal Church of the Sudans ($156k) and Aleph Champ Inc ($156k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.6% of the total. Compensation of current officers, directors and key employees was $141k (76% of expenses). At year end it held assets of $1.8m against liabilities of $0, net assets of $1.8m.