Treasuring Christ Together Network

Analysis

Treasuring Christ Together Network is a registered charity in United States, based in Raleigh, NC. It received its IRS tax-exemption ruling in April 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 (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, Treasuring Christ Together Network reported income of $238k and spending of $218k, spending 92% of its income. Across the 3 years on record, from December 2021 to December 2023, income grew from $92k to $238k (+160%), an average of +61% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 88% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Treasuring Christ Together Network sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Hope Outreach International Ministries ($238k), Enlightened Christian Gathering ($238k) and Evangelization Society of Philadelphia Inc ($238k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% and program service revenue 0.6% of the total. Compensation of current officers, directors and key employees was $115k (53% of expenses). Other salaries and wages came to $17k. At year end it held assets of $154k against liabilities of $3,695, net assets of $150k. It reported 5 employees.