A True Blessing Corporation

Analysis

A True Blessing Corporation is a registered charity in United States, based in Boca Raton, FL. It received its IRS tax-exemption ruling in July 2023, 3 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, A True Blessing Corporation reported income of $130k and spending of $89k, leaving 31% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $355k to $130k (-63%), an average of -39% a year. The sharpest change came in the year to December 2022, when income dropped by 65%. Over the whole period it spent 46% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, A True Blessing Corporation 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 47th percentile within FL. Charities of a similar size with the same main cause include John L Sullivan Ministries Inc ($130k), Patriarch Athenagoras Orthodox Institute ($130k) and Abiding Word Ministries Inc ($130k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. At year end it held assets of $435k against liabilities of $0, net assets of $435k.