Ted Pressley Evanglistic Association

Analysis

Ted Pressley Evanglistic Association is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in September 1973, 53 years ago. 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, Ted Pressley Evanglistic Association reported income of $122k and spending of $138k, spending 113% of what it took in. Across the 3 years on record, from December 2019 to December 2023, income fell from $439k to $122k (-72%), an average of -47% a year. The sharpest change came in the year to December 2022, when income dropped by 73%. Over the whole period it spent 63% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ted Pressley Evanglistic Association sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 45th percentile within TX. Charities of a similar size with the same main cause include Save America ($122k), Rudiger Foundation ($122k) and Youth Baseball of Beaver Dam Inc ($122k).

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 $218k against liabilities of $0, net assets of $218k.