Teammates in Ministry Inc

Analysis

Teammates in Ministry Inc is a registered charity in United States, based in Covington, GA. It received its IRS tax-exemption ruling in March 2006, 20 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, Teammates in Ministry Inc reported income of $133k and spending of $168k, spending 126% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $130k to $133k (+2.7%), an average of +2.7% a year. Over the whole period it spent 112% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Teammates in Ministry Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 47th percentile within GA. Charities of a similar size with the same main cause include Connect NYC Ministries Inc ($133k), Trinity Broadcasting of Florida Inc ($133k) and Word of Life Chapel International ($133k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% and program service revenue 0.6% of the total. At year end it held assets of $151k against liabilities of $0, net assets of $151k.