Two Eight Ministries Inc

Analysis

Two Eight Ministries Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 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, Two Eight Ministries Inc reported income of $362k and spending of $396k, spending 109% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income grew from $255k to $362k (+42%), an average of +42% a year. The sharpest change came in the year to December 2023, when income rose by 42%. Over the whole period it spent 102% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Two Eight Ministries Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include RT Kendall Ministries Inc ($362k), Cornwall Alliance for the Stewship of Creation ($362k) and Foundation for Jewish Renaissance Inc ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% and program service revenue 13% of the total. Compensation of current officers, directors and key employees was $59k (15% of expenses). Other salaries and wages came to $5,000. At year end it held assets of $110k against liabilities of $63k, net assets of $48k. It reported 3 employees.