Tetelestai Ministries Inc

Analysis

Tetelestai Ministries Inc is a registered charity in United States, based in Corbett, OR. It received its IRS tax-exemption ruling in January 2016, 10 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tetelestai Ministries Inc reported income of $2.3m and spending of $1.9m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.0m to $2.3m (+119%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 150%. Over the whole period it spent 75% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Tetelestai Ministries Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within OR. Charities of a similar size with the same main cause include Legacy Trust of Marianna Florida ($2.3m), Holy Love Ministries ($2.3m) and Foundation for Christianstewardship ($2.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% and program service revenue 10% of the total. Compensation of current officers, directors and key employees was $92k (4.9% of expenses). Other salaries and wages came to $52k. At year end it held assets of $4.3m against liabilities of $2.6m, net assets of $1.7m. It reported 2 employees.