Tin Man Ministries

Analysis

Tin Man Ministries is a registered charity in United States, based in Murfeesboro, TN. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Tin Man Ministries reported income of $2.2m and spending of $2.0m, spending 90% of its income. The sharpest change came in the year to December 2023, when income rose by 27%. Over the whole period it spent 98% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Tin Man Ministries sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 88th percentile within TN. Charities of a similar size with the same main cause include Holy Redeemer Hospice Inc ($2.2m), House of Neighborly Service ($2.2m) and Orchard Place Foundation ($2.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 53% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $339k (17% of expenses). Other salaries and wages came to $39k. At year end it held assets of $812k against liabilities of $191k, net assets of $621k.