Truth Alive Ministries

Analysis

Truth Alive Ministries is a registered charity in United States, based in Kentwood, MI. It received its IRS tax-exemption ruling in February 2002, 24 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Truth Alive Ministries reported income of $126k and spending of $121k, spending 96% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $203k to $126k (-38%), an average of -38% a year. The sharpest change came in the year to December 2023, when income dropped by 38%. Over the whole period it spent 73% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth Alive Ministries sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 43rd percentile, and in the 43rd percentile within MI. Charities of a similar size with the same main cause include Christian Television Network Inc ($126k), Friends of Bobov Toronto Inc ($126k) and Four10 Ministries ($126k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Compensation of current officers, directors and key employees was $41k (33% of expenses). Other salaries and wages came to $6,428. At year end it held assets of $245k against liabilities of $1,883, net assets of $244k. It reported 2 employees.