TMM Ministries Inc

Analysis

TMM Ministries Inc is a registered charity in United States, based in Dayton, TN. It received its IRS tax-exemption ruling in October 2014, 12 years ago. Its declared purposes cover recreation and sports, which this site groups under amateur sport and recreation. 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, TMM Ministries Inc reported income of $204k and spending of $212k, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2023, income fell from $209k to $204k (-2.6%), an average of -0.9% a year. The sharpest change came in the year to December 2021, when income dropped by 24%. Over the whole period it spent 101% of the income it received.

Among 30,892 United States charities whose main cause is amateur sport and recreation and that reported income, TMM Ministries Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 54th percentile, and in the 55th percentile within TN. Charities of a similar size with the same main cause include Tommy McNamara Charitable Foundation Inc ($204k), Phoenix Futbol Club Inc ($204k) and Taekwondo Alliance for Mission Foundation ($204k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 71% and program service revenue 29% of the total. Compensation of current officers, directors and key employees was $67k (32% of expenses). Other salaries and wages came to $9,940. At year end it held assets of $237k against liabilities of $10k, net assets of $227k. It reported 25 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.