Third Millennium Ministries Inc

Analysis

Third Millennium Ministries Inc is a registered charity in United States, based in Casselberry, FL. It received its IRS tax-exemption ruling in September 1998, 28 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 June 2023, Third Millennium Ministries Inc reported income of $7.1m and spending of $6.5m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $7.1m (+102%), an average of +19% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 90% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Third Millennium Ministries Inc sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within FL. Charities of a similar size with the same main cause include Knoxville Leadership Foundation ($7.1m), Mosdos Beth Yosef Zvi ($7.1m) and Z Ministries Inc ($7.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. Other salaries and wages came to $3.3m. At year end it held assets of $9.2m against liabilities of $611k, net assets of $8.6m. It reported 66 employees.