Tidewind Ministries Inc

Analysis

Tidewind Ministries Inc is a registered charity in United States, based in Carmel, IN. It received its IRS tax-exemption ruling in November 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, Tidewind Ministries Inc reported income of $67k and spending of $77k, spending 114% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $147k to $67k (-54%), an average of -54% a year. The sharpest change came in the year to December 2023, when income dropped by 54%. Over the whole period it spent 72% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tidewind Ministries Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within IN. Charities of a similar size with the same main cause include Brian Johnson Ministries ($67k), International Missionary Advocate Personnel Inc ($67k) and Initiate Hope Inc ($67k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $81k against liabilities of $0, net assets of $81k.