T H O R N Ministries Inc

Analysis

T H O R N Ministries Inc is a registered charity in United States, based in Riverview, FL. It received its IRS tax-exemption ruling in March 1998, 28 years ago. Its declared purposes cover education, which this site groups under education and training. 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, T H O R N Ministries Inc reported income of $840k and spending of $841k, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $942k to $840k (-11%), an average of -2.8% a year. Over the whole period it spent 100% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, T H O R N Ministries Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 79th percentile within FL. Charities of a similar size with the same main cause include With Helping Hands Serving Nutritious Meals ($839k), The Abilene Education Foundation ($840k) and Conntac Inc ($839k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $21k against liabilities of $3,861, net assets of $17k.