Together Ministry Center

Analysis

Together Ministry Center is a registered charity in United States, based in Olive Branch, MS. It received its IRS tax-exemption ruling in January 2015, 11 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, Together Ministry Center reported income of $246k and spending of $228k, spending 93% of its income. Across the 4 years on record, from December 2020 to December 2023, income grew from $213k to $246k (+16%), an average of +4.9% a year. Over the whole period it spent 81% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Together Ministry Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 60th percentile within MS. Charities of a similar size with the same main cause include Potters House Slavic Christian Church ($246k), The Porch Ministries Inc ($246k) and Truth for the Nations Inc ($245k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $115k. At year end it held assets of $281k against liabilities of $2,048, net assets of $278k. It reported 7 employees.