Truckstop Ministries Inc

Analysis

Truckstop Ministries Inc is a registered charity in United States, based in Jackson, GA. It received its IRS tax-exemption ruling in November 1985, 41 years ago. 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, Truckstop Ministries Inc reported income of $244k and spending of $335k, spending 137% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $353k to $244k (-31%), an average of -8.8% a year. The sharpest change came in the year to December 2023, when income dropped by 18%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Truckstop Ministries Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 62nd percentile within GA. Charities of a similar size with the same main cause include Tree Davis ($244k), The Sister Stella Foundation for St Paul the Apostle School ($244k) and Mercer Society ($244k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. Other salaries and wages came to $115k. At year end it held assets of $348k against liabilities of $2,121, net assets of $346k. It reported 4 employees.