Tobit Ministry

Analysis

Tobit Ministry is a registered charity in United States, based in San Antonio, TX. It received its IRS tax-exemption ruling in February 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 2022, Tobit Ministry reported income of $52k and spending of $42k, spending 80% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $14k to $52k (+265%), an average of +54% a year. The sharpest change came in the year to December 2022, when income rose by 411%. Over the whole period it spent 93% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tobit Ministry sits at the 18th percentile: it is larger than about 18% of them. Against every charity in United States with reported income it ranks in the 20th percentile, and in the 21st percentile within TX. Charities of a similar size with the same main cause include Proton Pals Foundation ($52k), Viva House Baltimore Catholic Worker Incorporated ($52k) and Fundacion 15 de Septiembre Inc ($52k).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 100% of the total. At year end it held assets of $12k against liabilities of $0, net assets of $12k.