Total Ministries of Spartanburg County

Analysis

Total Ministries of Spartanburg County is a registered charity in United States, based in Spartanburg, SC. It received its IRS tax-exemption ruling in April 1985, 41 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Total Ministries of Spartanburg County reported income of $485k and spending of $482k, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $297k to $485k (+63%), an average of +13% a year. The sharpest change came in the year to December 2020, when income rose by 191%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Total Ministries of Spartanburg County sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 74th percentile within SC. Charities of a similar size with the same main cause include Leftovers ($485k), Positive Outlook Housing Corp ($485k) and Falls Church Education Foundation ($485k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $62k (13% of expenses). Other salaries and wages came to $15k. At year end it held assets of $1.3m against liabilities of $1,715, net assets of $1.3m. It reported 4 employees.