88 5 the Truth Inc

Analysis

88 5 the Truth Inc is a registered charity in United States, based in Columbus, GA. It received its IRS tax-exemption ruling in September 2010, 16 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, 88 5 the Truth Inc reported income of $192k and spending of $178k, spending 93% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $139k to $192k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 88 5 the Truth Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 56th percentile within GA. Charities of a similar size with the same main cause include Plymouth United Church of Christ ($192k), Lake Area Shared Ministries ($192k) and Amp Ministries ($192k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 59% and program service revenue 37% of the total. At year end it held assets of $282k against liabilities of $0, net assets of $282k.