Truthunity Ministries

Analysis

Truthunity Ministries is a registered charity in United States, based in Pikesville, MD. It received its IRS tax-exemption ruling in July 2014, 12 years ago. Its declared purposes cover unknown, which this site groups under other charitable purposes. 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, Truthunity Ministries reported income of $133k and spending of $147k, spending 111% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $58k to $133k (+129%), an average of +129% a year. The sharpest change came in the year to December 2023, when income rose by 129%. Over the whole period it spent 107% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truthunity Ministries sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 45th percentile within MD. Charities of a similar size with the same main cause include Kirksville R III Booster Club ($133k), NCSD Veterans Stand Down ($133k) and Veteran Owned Business Rountable ($133k).

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 $63k against liabilities of $1,928, net assets of $61k.