Taylorville Ministerial Association Inc

Analysis

Taylorville Ministerial Association Inc is a registered charity in United States, based in Taylorville, IL. It received its IRS tax-exemption ruling in December 1982, 44 years ago. 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, Taylorville Ministerial Association Inc reported income of $212k and spending of $147k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $282k to $212k (-25%), an average of -6.8% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Taylorville Ministerial Association Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 55th percentile within IL. Charities of a similar size with the same main cause include Good Shepherd Foundation ($212k), Rabun County Family Connections Inc ($212k) and North Carolina Buddhist Association ($212k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 76% of the total. At year end it held assets of $503k against liabilities of $0, net assets of $503k.