Tabitha Ministry

Analysis

Tabitha Ministry is a registered charity in United States, based in Summerfield, NC. It received its IRS tax-exemption ruling in August 2001, 25 years ago. Its declared purposes cover housing and shelter, which this site groups under housing and shelter. 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 May 2024, Tabitha Ministry reported income of $232k and spending of $209k, spending 90% of its income. Across the 3 years on record, from May 2022 to May 2024, income grew from $226k to $232k (+2.5%), an average of +1.2% a year. The sharpest change came in the year to May 2024, when income rose by 26%. Over the whole period it spent 84% of the income it received.

Among 15,864 United States charities whose main cause is housing and shelter and that reported income, Tabitha Ministry 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 57th percentile, and in the 55th percentile within NC. Charities of a similar size with the same main cause include Switzerland County Housing Inc ($232k), Freyas Hen House ($232k) and South Pointe IV Inc ($232k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $38k (18% of expenses). At year end it held assets of $328k against liabilities of $0, net assets of $328k. It reported 3 employees.