Truth Light & Life Ministries

Analysis

Truth Light & Life Ministries is a registered charity in United States, based in Mt Crawford, VA. It received its IRS tax-exemption ruling in August 1992, 34 years ago. 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, Truth Light & Life Ministries reported income of $123k and spending of $149k, spending 121% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $189k to $123k (-35%), an average of -10% a year. The sharpest change came in the year to December 2021, when income rose by 93%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truth Light & Life Ministries sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 42nd percentile within VA. Charities of a similar size with the same main cause include Telluride Education Foundation Inc ($123k), Carlisle County Senior Citizens Inc ($123k) and Cedar Bog Association ($123k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $19k. At year end it held assets of $146k against liabilities of $0, net assets of $146k. It reported 1 employees.