Thurmont Ministerium Inc

Analysis

Thurmont Ministerium Inc is a registered charity in United States, based in Thurmont, MD. It received its IRS tax-exemption ruling in March 2000, 26 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 July 2023, Thurmont Ministerium Inc reported income of $194k and spending of $252k, spending 130% of what it took in. Across the 3 years on record, from July 2020 to July 2023, income fell from $225k to $194k (-14%), an average of -7.2% a year. The sharpest change came in the year to July 2023, when income dropped by 34%. Over the whole period it spent 98% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Thurmont Ministerium Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 53rd percentile within MD. Charities of a similar size with the same main cause include Hilltop Childrens House ($194k), Pilgrims Pathway House of Refuge ($194k) and Knights of Columbus Council 6624 Inc ($194k).

On its Form 990-EZ for the period ending July 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $147k against liabilities of $0, net assets of $147k.