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Teleios Ministry

RegisteredEIN 57-1109271Walhalla, SCReligion
Income$1.3m2023-12
Spending$1.3msame year
Spent / received93%5-year average
Size in its cause93rd pctReligion
Exempt since2001Publicly supported organisat
Employees10latest return

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

$0$358k$716k$1.1m$1.4m2019 Income: $1,141,9192019 Spending: $1,090,10920192020 Income: $1,047,2012020 Spending: $975,97920202021 Income: $1,336,8522021 Spending: $1,144,60120212022 Income: $1,431,1162022 Spending: $1,334,60920222023 Income: $1,296,5362023 Spending: $1,287,0582023
IncomeSpending

Where the income comes from

  • Contributions & grants 88%
  • Program services 12%
  • Other 0.2%

Similar-sized charities, same cause

CharityLocationIncome
Associates for Dao EnlightenmentIrvine$1.3m
Saint John Baptist Church IncOrlando$1.3m
Pacific Northwest Outreach IncBrush Prairie$1.3m
Starfish FoundationWichita Falls$1.3m