Today Ministries
Analysis
Today Ministries is a registered charity in United States, based in Highlands Ranch, CO. It received its IRS tax-exemption ruling in December 2008, 18 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, Today Ministries reported income of $329k and spending of $305k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $335k to $329k (-2.0%), an average of -0.5% a year. The sharpest change came in the year to December 2022, when income rose by 33%. Over the whole period it spent 95% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Today Ministries sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within CO. Charities of a similar size with the same main cause include By Our Love ($329k), North American Church and Gospel Halls Assistance Fund ($329k) and Association of Catholic Mental Health Ministers ($329k).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $97k (32% of expenses). Other salaries and wages came to $3,360. At year end it held assets of $312k against liabilities of $35k, net assets of $276k. It reported 2 employees.
Income and spending
Where the income comes from
- Contributions & grants 33%
- Program services 64%
- Other 2.8%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| By Our Love | Auburn | $329k |
| North American Church and Gospel Halls Assistance Fund | Knoxville | $329k |
| Association of Catholic Mental Health Ministers | Scranton | $329k |
| Calvary Bible Institute Inc | Washington | $329k |