Triple C Ministries Inc

Analysis

Triple C Ministries Inc is a registered charity in United States, based in Ahoskie, NC. It received its IRS tax-exemption ruling in July 1980, 46 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, Triple C Ministries Inc reported income of $75k and spending of $35k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $64k to $75k (+17%), an average of +4.0% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Triple C Ministries Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 29th percentile, and in the 27th percentile within NC. Charities of a similar size with the same main cause include National Giving Alliance ($75k), Serbian Brothers Help Inc ($75k) and Jesus Cares Ministries Inc ($75k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $132k against liabilities of $0, net assets of $132k.