Torch Sports Ministry

Analysis

Torch Sports Ministry is a registered charity in United States, based in Ottsville, PA. 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, Torch Sports Ministry reported income of $129k and spending of $98k, leaving 24% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $154k to $129k (-16%), an average of -16% a year. The sharpest change came in the year to December 2023, when income dropped by 16%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Torch Sports Ministry sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 41st percentile within PA. Charities of a similar size with the same main cause include Albanian American Cultural Center Inc ($129k), Endowment Fund of the Rocky Mountain Conference of the United ($129k) and Iskcon of Harrisburg ($129k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 75% and program service revenue 15% of the total. At year end it held assets of $14k against liabilities of $21, net assets of $14k.