Table Ministries Inc

Analysis

Table Ministries Inc is a registered charity in United States, based in Carrboro, NC. It received its IRS tax-exemption ruling in July 2008, 18 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 August 2023, Table Ministries Inc reported income of $3.9m and spending of $1.8m, leaving 53% of income unspent that year. Across the 5 years on record, from August 2019 to August 2023, income grew from $734k to $3.9m (+429%), an average of +52% a year. The sharpest change came in the year to August 2020, when income rose by 131%. Over the whole period it spent 55% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Table Ministries Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within NC. Charities of a similar size with the same main cause include Exceptional Enterprises Inc ($3.9m), Shoes and Clothes for Kids Inc ($3.9m) and Sheffield Care Center ($3.9m).

On its Form 990 for the period ending August 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $170k (9.2% of expenses). Other salaries and wages came to $227k. At year end it held assets of $6.4m against liabilities of $1.2m, net assets of $5.2m. It reported 8 employees.