Truth and Tidings Gospel Trust U S a

Analysis

Truth and Tidings Gospel Trust U S a is a registered charity in United States, based in Canton, MI. It received its IRS tax-exemption ruling in June 1985, 41 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, Truth and Tidings Gospel Trust U S a reported income of $5.6m and spending of $5.7m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $5.6m (+36%), an average of +8.0% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truth and Tidings Gospel Trust U S a sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within MI. Charities of a similar size with the same main cause include Brooklyn Rise Charter School ($5.6m), Usenix Association ($5.6m) and Elim Care Foundation ($5.6m).

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 $429k against liabilities of $417k, net assets of $12k.