Temple Ministries Inc

Analysis

Temple Ministries Inc is a registered charity in United States, based in Fallston, MD. It received its IRS tax-exemption ruling in April 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Temple Ministries Inc reported income of $81k and spending of $79k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income fell from $92k to $81k (-12%), an average of -5.9% a year. Over the whole period it spent 103% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Temple Ministries Inc sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within MD. Charities of a similar size with the same main cause include Desoto Senior Housing Group ($81k), Transformation Strategies ($81k) and Answering for the Children Ministries Inc ($81k).

On its Form 990-EZ for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.