Treasures of the Church Inc

Analysis

Treasures of the Church Inc is a registered charity in United States, based in Houston, TX. It received its IRS tax-exemption ruling in March 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, Treasures of the Church Inc reported income of $1.1m and spending of $781k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $289k to $1.1m (+287%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 319%. Over the whole period it spent 49% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Treasures of the Church Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 84th percentile within TX. Charities of a similar size with the same main cause include Yeshiva Mamar Mordechai Nadvorna ($1.1m), Mount Carmel Ministries ($1.1m) and Faith and Community Empowerment ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1.4m against liabilities of $9,467, net assets of $1.4m.