330ministries Inc

Analysis

330ministries Inc is a registered charity in United States, based in Tyler, TX. It received its IRS tax-exemption ruling in February 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, 330ministries Inc reported income of $110k and spending of $115k, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income fell from $165k to $110k (-33%), an average of -33% a year. The sharpest change came in the year to December 2023, when income dropped by 33%. Over the whole period it spent 93% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, 330ministries Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 42nd percentile within TX. Charities of a similar size with the same main cause include Ascension Endowment Fund Inc ($110k), Ranger Ministries ($110k) and Community Wellness Center of Winamac Inc ($110k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 15% and program service revenue 85% of the total. At year end it held assets of $92k against liabilities of $0, net assets of $92k.