Truth by Fire International Ministries Inc

Analysis

Truth by Fire International Ministries Inc is a registered charity in United States, based in Deltona, FL. It received its IRS tax-exemption ruling in January 2013, 13 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Truth by Fire International Ministries Inc reported income of $137k and spending of $140k, spending 102% of its income. Across the 3 years on record, from December 2018 to December 2023, income grew from $88k to $137k (+55%), an average of +25% a year. The sharpest change came in the year to December 2022, when income rose by 40%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth by Fire International Ministries 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 45th percentile, and in the 49th percentile within FL. Charities of a similar size with the same main cause include Love Inc of South Kent County ($137k), Rivers of Living Water Church of God Inc ($137k) and Love Inc of Otero County ($137k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $1 against liabilities of $0, net assets of $1.