Thomasville Community Ministry Inc

Analysis

Thomasville Community Ministry Inc is a registered charity in United States, based in Thomasville, NC. It received its IRS tax-exemption ruling in April 1995, 31 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, Thomasville Community Ministry Inc reported income of $1.1m and spending of $675k, leaving 40% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $657k to $1.1m (+71%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 66%. Over the whole period it spent 82% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Thomasville Community Ministry Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 81st percentile within NC. Charities of a similar size with the same main cause include Area Interfaith Outreach ($1.1m), Alton Day Care & Learning Center ($1.1m) and Keplere Serenity Development Center ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. Compensation of current officers, directors and key employees was $62k (9.1% of expenses). Other salaries and wages came to $79k. At year end it held assets of $868k against liabilities of $3,225, net assets of $865k. It reported 4 employees.