Institute of Theology and Christian Ministry Foundation

Analysis

Institute of Theology and Christian Ministry Foundation is a registered charity in United States, based in Brentwood, TN. It received its IRS tax-exemption ruling in September 1998, 28 years ago. Its declared purposes cover religion-related, which this site groups under religion. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Institute of Theology and Christian Ministry Foundation reported income of $135k and spending of $199k, spending 148% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $169k to $135k (-20%), an average of -20% a year. The sharpest change came in the year to December 2023, when income dropped by 20%. Over the whole period it spent 119% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Institute of Theology and Christian Ministry Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within TN. Charities of a similar size with the same main cause include Rock Bottom Hope ($135k), Life Ministries Global USA Inc ($135k) and Tabernacle of Christ for All Nations ($135k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.