Thru Guidance Ministries

Analysis

Thru Guidance Ministries is a registered charity in United States, based in Los Angeles, CA. It received its IRS tax-exemption ruling in November 2013, 13 years ago. Its declared purposes cover youth development, which this site groups under children and youth development. 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, Thru Guidance Ministries reported income of $378k and spending of $750k, spending 198% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $231k to $378k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 2126%. Over the whole period it spent 86% of the income it received.

Among 14,332 United States charities whose main cause is children and youth development and that reported income, Thru Guidance Ministries sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 68th percentile within CA. Charities of a similar size with the same main cause include Midland Young Life Building Foundation ($378k), St Marys Royal Blue Club ($378k) and Newton County Fair Association ($378k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 72% and program service revenue 25% of the total. Compensation of current officers, directors and key employees was $133k (18% of expenses). Other salaries and wages came to $45k. At year end it held assets of $2.0m against liabilities of $45k, net assets of $1.9m. It reported 4 employees.