Teleios Ministry
Analysis
Teleios Ministry is a registered charity in United States, based in Walhalla, SC. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Teleios Ministry reported income of $1.3m and spending of $1.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.3m (+14%), an average of +3.2% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 93% of the income it received.
Among 31,138 United States charities whose main cause is religion and that reported income, Teleios Ministry sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 85th percentile within SC. Charities of a similar size with the same main cause include Associates for Dao Enlightenment ($1.3m), Saint John Baptist Church Inc ($1.3m) and Pacific Northwest Outreach Inc ($1.3m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 88% and program service revenue 12% of the total. Other salaries and wages came to $120k. At year end it held assets of $998k against liabilities of $135k, net assets of $863k. It reported 10 employees.
Income and spending
Where the income comes from
- Contributions & grants 88%
- Program services 12%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Associates for Dao Enlightenment | Irvine | $1.3m |
| Saint John Baptist Church Inc | Orlando | $1.3m |
| Pacific Northwest Outreach Inc | Brush Prairie | $1.3m |
| Starfish Foundation | Wichita Falls | $1.3m |