Troup Family Ministries Inc

Analysis

Troup Family Ministries Inc is a registered charity in United States, based in Fort Worth, TX. It received its IRS tax-exemption ruling in June 2014, 12 years ago. Its declared purposes cover international, foreign affairs and national security, which this site groups under overseas aid and international. 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, Troup Family Ministries Inc reported income of $264k and spending of $258k, spending 98% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $138k to $264k (+91%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 84%. Over the whole period it spent 96% of the income it received.

Among 10,317 United States charities whose main cause is overseas aid and international and that reported income, Troup Family Ministries Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 63rd percentile within TX. Charities of a similar size with the same main cause include Biking for a Better World Inc ($264k), Childrens Rescue Mission Inc ($264k) and American Institute of Iranian Studies ($264k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% and program service revenue 4.9% of the total. Compensation of current officers, directors and key employees was $26k (10% of expenses). Other salaries and wages came to $7,000. At year end it held assets of $29k against liabilities of $0, net assets of $29k. It reported 3 employees.