Truman Herring Ministries Inc

Analysis

Truman Herring Ministries Inc is a registered charity in United States, based in Elberton, GA. It received its IRS tax-exemption ruling in May 2014, 12 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Truman Herring Ministries Inc reported income of $251k and spending of $210k, spending 84% of its income. Across the 3 years on record, from December 2020 to December 2023, income grew from $74k to $251k (+240%), an average of +84% a year. The sharpest change came in the year to December 2022, when income rose by 105%. Over the whole period it spent 78% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truman Herring Ministries Inc sits at the 71st percentile: it is larger than about 71% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Joseph Devineaux International Inc ($251k), One Million Children ($251k) and Citychurch Network of Arkansas Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $3,836 (1.8% of expenses). At year end it held assets of $233k against liabilities of $0, net assets of $233k.