Truth for Today Baptist Mission Inc

Analysis

Truth for Today Baptist Mission Inc is a registered charity in United States, based in Chattanooga, TN. It received its IRS tax-exemption ruling in March 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, Truth for Today Baptist Mission Inc reported income of $321k and spending of $219k, leaving 32% of income unspent that year. Across the 4 years on record, from December 2019 to December 2023, income grew from $318k to $321k (+1.0%), an average of +0.3% a year. The sharpest change came in the year to December 2020, when income dropped by 37%. Over the whole period it spent 92% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Truth for Today Baptist Mission Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 64th percentile within TN. Charities of a similar size with the same main cause include Gayatripariwar Yungnirman Atlanta Inc ($321k), Messiah Ministries Inc ($321k) and Icpf International Inc ($321k).

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 $40k. At year end it held assets of $109k against liabilities of $109k, net assets of $0.